7, LUDBROOK WAY, WHITWELL, VENTNOR, PO38 2QB - £325,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 LUDBROOK WAY is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £325,000 in December 2021, which was around 19% below the average December 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

7 LUDBROOK WAY Sold Prices

Land registry data shows two sales for 7 LUDBROOK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 7 LUDBROOK WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 17 DEC	£325,000	£402,556	19% below HPI
2020 4 DEC	£250,000	£368,126	32% below HPI

7 LUDBROOK WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 7 LUDBROOK WAY sales from December 2020 and December 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2020 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 LUDBROOK WAY?

7 LUDBROOK WAY is 74m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses by size in Whitwell, and where 7 LUDBROOK WAY lies on this distribution: 13% of detached houses are smaller than 7 LUDBROOK WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

7 LUDBROOK WAY: Plot and Title Map

7 LUDBROOK WAY sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 7 LUDBROOK WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 LUDBROOK WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 LUDBROOK WAY?

7 LUDBROOK WAY is located in WHITWELL, in the PO38 postcode district. The below map shows the position of No. 7 on LUDBROOK WAY.