2 The Cedars Madeira Lane, Freshwater, PO40 9SP is a freehold detached property built between 2003-2006. The property offers approximately 1,819 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £572,508 , which equates to approximately £315 per square foot. It was last sold on 28 Jun 2024 for £565,000. Since then, the value has increased by £7,508, representing a 1.3% increase, or approximately 0.9% per year.

The current estimated value of £572,508 is:

  • 39.8% higher than the average property price on Madeira Lane
  • 32.4% higher than the average in the PO40 9SP postcode area
  • and 83.5% higher than the average price for Freshwater as a whole

At the most recent EPC inspection on 26 October 2023, the property was recorded as owner-occupied.

View sold house prices in PO40 9SP

Building approximate location

About Property

Type
Detached House
Built
2003-2006
Interior Size
1819 sq ft
Tenure
Freehold
Price (estimate)
£572,508
Price Per sq ft (estimate)
£315
Bedroom Count (estimate)
6 bedrooms

EPC Summary

2 The Cedars Madeira Lane, Freshwater, Isle Of Wight, PO40 9SP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Oct 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO40 9SP

5 th / 29
Price Rank
32% higher than average
2 nd / 19
Size Rank
57% bigger than average
15 th / 19
Price Per Sq FT Rank
15% lower than average

Compared to other properties in PO40 9SP , this house's estimated value ranks 5th out of 29. Based on price per square foot, it ranks 15th out of 19 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 19 properties in its postcode area.

Sale History

Today
£572,508
streetscan.co.uk estimate
+1 %
28 Jun 2024
£565,000
Leasehold
+73.8 %
29 Sep 2009
£325,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1604 sq ft
sale price: £367,500
sale date: 5 Feb 2021

Data Sources

The property at 2 The Cedars Madeira Lane, Freshwater, PO40 9SP appears two times in the Land Registry records, with the latest transaction recorded on 28 Jun 2024. It also has a single Energy Performance Certificate (EPC) from 26 Oct 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.