Little Bassett Madeira Lane, Freshwater, PO40 9SP is a freehold detached property built between 1967-1975. The property offers approximately 1,109 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £279,952 , which equates to approximately £253 per square foot. It was last sold on 3 Oct 2014 for £190,000. Since then, the value has increased by £89,952, representing a 47.3% increase, or approximately 4.2% per year.

The current estimated value of £279,952 is:

  • 31.6% lower than the average property price on Madeira Lane
  • 35.3% lower than the average in the PO40 9SP postcode area
  • and 10.3% lower than the average price for Freshwater as a whole

At the most recent EPC inspection on 3 June 2014, the property was recorded as owner-occupied.

View sold house prices in PO40 9SP

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
1109 sq ft
Tenure
Freehold
Price (estimate)
£279,952
Price Per sq ft (estimate)
£253
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Little Bassett Madeira Lane, Freshwater, Isle Of Wight, PO40 9SP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Mar 2019.

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.

The previous EPC assessment was conducted on 3 Jun 2014. The rating of D remains the same, but the energy efficiency score improved by 16.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, 200 mm loft insulation, improving energy efficiency from very poor to good.
  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in 72% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 72% of fixed outlets
Very Good

Compared to PO40 9SP

26 th / 29
Price Rank
35% lower than average
10 th / 19
Size Rank
5% smaller than average
18 th / 19
Price Per Sq FT Rank
32% lower than average

Compared to other properties in PO40 9SP , this bungalow's estimated value ranks 26th out of 29. Based on price per square foot, it ranks 18th 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 10th out of 19 properties in its postcode area.

Sale History

Today
£279,952
streetscan.co.uk estimate
+47 %
3 Oct 2014
£190,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Woodpeckers Madeira Lane, Freshwater, PO40 9SP
rooms: 5
size: 1173 sq ft
sale price: £422,000
sale date: 11 Sep 2020
Watersreach Madeira Lane, Freshwater, PO40 9SP
rooms: 5
size: 1163 sq ft
sale price: £270,000
sale date: 1 May 2015
Killanley Madeira Lane, Freshwater, PO40 9SP
rooms: 5
size: 1033 sq ft
sale price: £80,000
sale date: 22 Jun 1998

Data Sources

The property at Little Bassett Madeira Lane, Freshwater, Isle Of Wight, PO40 9SP appears once in the Land Registry records, with the transaction recorded on 3 Oct 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Mar 2019. 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.
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