BEAMANS, CHALE STREET, CHALE GREEN, VENTNOR, PO38 2JQ - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BEAMANS is a very large extended detached house of 188m², built sometime between 1983 and 1990, which could now be worth an estimated £634,873. It was last sold for £395,000 in October 2010, which was around 56% above the average October 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.

BEAMANS Sold Prices

Land registry data shows four sales for BEAMANS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four BEAMANS sales were for above 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
2010 19 OCT	£395,000	£253,296	56% above HPI
2006 14 JUN	£395,000	£241,789	63% above HPI
2002 23 OCT	£249,950	£174,870	43% above HPI
2000 20 JAN	£172,000	£107,161	61% above HPI

BEAMANS 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 four BEAMANS sales between January 2000 and October 2010 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 June 2006 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the October 2010 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might BEAMANS be worth now?

BEAMANS might now be worth an estimated £634,873.

This is based on house price inflation of 60.7%, between October 2010 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.7% inflationary increase is applied to the most recent sale price for BEAMANS of £395,000 on 19th October 2010. For the value to have increased from £395,000 to £634,873 over the fifteen years and eight months to February 2025, the following assumptions must hold true:

• The value of BEAMANS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2010 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of BEAMANS has not materially changed since October 2010.

How Large is BEAMANS?

BEAMANS is 188m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 20% of detached houses houses in Chale, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chale, and where BEAMANS lies on this distribution: 86% of detached houses houses are smaller than BEAMANS, and 14% of houses are larger. Note that EPC data is not available for all properties in Chale.

BEAMANS: Plot and Title Map

BEAMANS sits on a plot of roughly 0.884 of an acre, or 3,577m². The below map shows the location of BEAMANS, 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 BEAMANS). 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 BEAMANS?

BEAMANS is located on CHALE STREET in CHALE GREEN, in the PO38 postcode district. The below map shows the position of BEAMANS on CHALE STREET.