BULLRUSHES, MAIN ROAD, ROOKLEY, VENTNOR, PO38 3NG - £375,000

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

BULLRUSHES is a very large detached house of 187m², built sometime between 1967 and 1975. It was last sold for £375,000 in September 2018, which was around 18% above the average September 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2018, where the current energy rating was F, and the potential energy rating was E.

BULLRUSHES Sold Prices

Land registry data shows two sales for BULLRUSHES 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 BULLRUSHES 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
2018 19 SEP	£375,000	£318,215	18% above HPI
2001 5 NOV	£194,000	£146,015	33% above HPI

BULLRUSHES 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 BULLRUSHES sales from November 2001 and September 2018 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 November 2001 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is BULLRUSHES?

BULLRUSHES is 187m² according to the EPC inspection conducted in April 2018. This puts it in the largest 10% of detached houses in Rookley, based on EPC data. The below chart shows the distribution of detached houses by size in Rookley, and where BULLRUSHES lies on this distribution: 91% of detached houses are smaller than BULLRUSHES, and 9% of houses are larger. Note that EPC data is not available for all properties in Rookley.

BULLRUSHES: Plot and Title Map

BULLRUSHES sits on a plot of roughly 0.293 of an acre, or 1,187m². The below map shows the location of BULLRUSHES, 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 BULLRUSHES). 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 BULLRUSHES?

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