Flat 5, Bayclose Terrace Lane, Freshwater, PO40 9QE is a leasehold flat built between 1996-2002. The property offers approximately 366 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £158,614 , which equates to approximately £433 per square foot. It was last sold on 29 Feb 2016 for £123,000. Since then, the value has increased by £35,614, representing a 29.0% increase, or approximately 3.0% per year.

The current estimated value of £158,614 is:

  • 27.9% lower than the average property price on Terrace Lane
  • 20.0% lower than the average in the PO40 9QE postcode area
  • and 49.2% lower than the average price for Freshwater as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 3 December 2021, the property was recorded as owner-occupied.

View sold house prices in PO40 9QE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
366 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£158,614
Price Per sq ft (estimate)
£433
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Bayclose Terrace Lane, Freshwater, Isle Of Wight, PO40 9QE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Dec 2021.

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 mostly double glazed.

The previous EPC assessment was conducted on 31 Mar 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 10.6%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 83% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Mostly double glazing
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to PO40 9QE

6 th / 12
Price Rank
20% lower than average
7 th / 11
Size Rank
36% smaller than average
2 nd / 11
Price Per Sq FT Rank
25% higher than average

Compared to other properties in PO40 9QE , this flat's estimated value ranks 6th out of 12. Based on price per square foot, it ranks 2nd out of 11 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 7th out of 11 properties in its postcode area.

Sale History

Today
£158,614
streetscan.co.uk estimate
+29 %
29 Feb 2016
£123,000
Leasehold
+9.3 %
28 Apr 2011
£112,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 366 sq ft
sale price: £138,000
sale date: 4 Dec 2024
rooms: 3
size: 323 sq ft
sale price: £152,000
sale date: 13 Dec 2021
rooms: 2
size: 355 sq ft
sale price: £134,500
sale date: 25 Jun 2021
rooms: 2
size: 357 sq ft
sale price: £129,000
sale date: 19 Oct 2018
rooms: 2
size: 366 sq ft
sale price: £115,000
sale date: 30 Jun 2017

Data Sources

The property at Flat 5, Bayclose Terrace Lane, Freshwater, PO40 9QE appears two times in the Land Registry records, with the latest transaction recorded on 29 Feb 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Dec 2021. 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.