Lilac Cottage Norton Green

    LILAC COTTAGE, NORTON GREEN, FRESHWATER, PO40 9RY

    This detached leasehold property on Norton Green last sold in November 2021 for £390,000. Based on price growth in the PO40 district since then, its estimated current value is £383,894 — placing it in the 65th percentile nationally and the 74th percentile within PO40. The property covers 112 m² (1,206 sq ft), giving an estimated value of £3,428 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    112 m²

    (1,206 sq ft)

    Last Sale Price

    £390,000

    Nov 2021

    Estimated Valuation

    £383,894

    Est. £/m²

    £3,428/m²

    £318/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area112 m² (1,206 sq ft)
    EPC dateJan 2021
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Nov 2021

    £390,000

    Key Metrics

    Estimated valuation£383,894
    Value per m² / sq ft£3,428/m² (£318/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO40 district percentile74th percentile
    National percentile65th percentile

    District Context — PO40

    PO40 covers the Isle of Wight, a maritime destination off the south coast of England. The area combines seaside appeal with a slower pace of life, attracting both retirees and families seeking coastal living.

    Average Property Price - PO40

    £308,589

    44

    National percentile

    Average Net Household Income - PO40

    £34,182

    26

    National percentile

    10-Year Annualised Price Growth - PO40

    3.9%

    62

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO40

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