AMBERLAKE, MAIN ROAD, ROOKLEY, VENTNOR, PO38 3NQ - £230,000

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

AMBERLAKE is a midsized extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £230,000 in February 2011, which was around 11% below the average February 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2010, where the current energy rating was G, and the potential energy rating was F.

AMBERLAKE Sold Prices

Land registry data shows two sales for AMBERLAKE 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 AMBERLAKE 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
2011 15 FEB	£230,000	£259,755	11% below HPI
2001 13 AUG	£129,950	£143,253	9% below HPI

AMBERLAKE 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 AMBERLAKE sales from August 2001 and February 2011 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 August 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2011 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is AMBERLAKE?

AMBERLAKE is 100m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 50% of detached houses in Rookley, based on EPC data. The below chart shows the distribution of detached houses by size in Rookley, and where AMBERLAKE lies on this distribution: 47% of detached houses are smaller than AMBERLAKE, and 53% of houses are larger. Note that EPC data is not available for all properties in Rookley.

AMBERLAKE: Plot and Title Map

AMBERLAKE sits on a plot of roughly 0.211 of an acre, or 854m². The below map shows the location of AMBERLAKE, 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 AMBERLAKE). 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 AMBERLAKE?

AMBERLAKE is located on MAIN ROAD in ROOKLEY, in the PO38 postcode district. The below map shows the position of AMBERLAKE on MAIN ROAD.