WOODPECKERS, MADEIRA LANE, FRESHWATER, PO40 9SP - £422,000

WOODPECKERS is a midsized detached house of 109m², built sometime between 1930 and 1949. It was last sold for £422,000 in September 2020, which was around 23% above the average September 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2017, where the current energy rating was E, and the potential energy rating was B.

WOODPECKERS Sold Prices

Land registry data shows two sales for WOODPECKERS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two WOODPECKERS sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 11 SEP	£422,000	£343,900	23% above HPI
2018 24 AUG	£400,000	£316,372	26% above HPI

WOODPECKERS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two WOODPECKERS sales from August 2018 and September 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2018 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2020 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is WOODPECKERS?

WOODPECKERS is 109m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where WOODPECKERS lies on this distribution: 43% of detached houses are smaller than WOODPECKERS, and 55% of houses are larger. Note that EPC data is not available for all properties in Colwell.

WOODPECKERS: Plot and Title Map

WOODPECKERS sits on a plot of roughly 0.198 of an acre, or 803m². The below map shows the location of WOODPECKERS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of WOODPECKERS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is WOODPECKERS?

WOODPECKERS is located on MADEIRA LANE in FRESHWATER, in the PO40 postcode district. The below map shows the position of WOODPECKERS on MADEIRA LANE.