1/23

5 bed house for sale Monks Lane, Freshwater, PO40

Asking price

£475,000

Added on 27/09/2026

Type: Semi-detached
Bedrooms: 5
Bathrooms: 2
Size: £255 per sq ft
Tenure: Freehold

Highlights

From the agent's description

Period property
Period features
High ceilings
Double garage
Private garden
Sea views
Countryside views
Kitchen/diner

About this property

Positioned in one of West Wight's most desirable coastal settings, Wayside is a captivating period home that effortlessly combines timeless character with breathtaking sea views and an enviable lifestyle just moments from some of the Island's finest beaches.

Occupying an elevated position along sought-after Monks Lane, this handsome semi-detached residence enjoys glorious outlooks across the surrounding countryside towards the sparkling waters of Colwell Bay and the Solent beyond. Whether it's morning coffee watching the changing tides or spectacular sunset skies over the coast, the views provide a stunning backdrop to everyday life.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,751
Band B

£2,042
Band C

£2,334
Band D

£2,626
Band E

£3,209
Band F

£3,793
Band G

£4,376
Band H

£5,252

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Isle of Wight, 2026/27 bills run from £1,751 a year in band A to £5,252 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Isle of Wight, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home

£255 / sq ft

Area average (sold)

£304 / sq ft

Price per area, sold homes nearby

£188 / sq ft

£255 / sq ft

£440 / sq ft

Lowest

This home

Highest

£255 per sq ft, below the middle of recent sales in PO40 (£188–£440, 10th–90th percentile, 122 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 122 homes sold in PO40 over the last 24 months. This home's figure uses its asking price.

Location

Monks Lane, Freshwater, PO40

Open map Street View

Mortgage and stamp duty

Property price £475,000

£237k £713k

Deposit10% £48,000

£0 £475k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £427,000 mortgage. Most lenders would want a household income of about £95,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Monks Cottage, Monks Lane Semi-detached	Semi-detached	Dec 2023	n/a	n/a	n/a	£485,000
1, Seaview, Monks Lane Semi-detached	Semi-detached	Feb 2023	1,625 sq ft £265/sq ft	1,625 sq ft	£265	£430,000
Monks Cottage, Monks Lane Semi-detached	Semi-detached	Dec 2019	n/a	n/a	n/a	£258,500
Monks Cottage, Monks Lane Semi-detached	Semi-detached	Sept 2016	n/a	n/a	n/a	£245,000
Fra-Rose, Monks Lane Semi-detached	Semi-detached	Nov 2015	n/a	n/a	n/a	£266,000
1, Seaview, Monks Lane Semi-detached	Semi-detached	Mar 2014	1,625 sq ft £151/sq ft	1,625 sq ft	£151	£245,000
Monks Cottage, Monks Lane Semi-detached	Semi-detached	Jun 2006	n/a	n/a	n/a	£135,000
Ivy Cottage, Monks Lane Semi-detached	Semi-detached	Dec 2004	n/a	n/a	n/a	£192,500