CHAPEL COTTAGE, NITON ROAD, ROOKLEY, VENTNOR, PO38 3NP - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CHAPEL COTTAGE is a very large extended detached house of 140m², built sometime before 1900, which could now be worth an estimated £605,548. It was last sold for £550,000 in September 2021, which was around 51% above the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2014, where the current energy rating was F, and the potential energy rating was C.

CHAPEL COTTAGE Sold Prices

Land registry data shows two sales for CHAPEL COTTAGE 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 CHAPEL COTTAGE 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
2021 29 SEP	£550,000	£364,282	51% above HPI
2017 6 OCT	£358,830	£301,612	19% above HPI

CHAPEL COTTAGE 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 CHAPEL COTTAGE sales from October 2017 and September 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 October 2017 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2021 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might CHAPEL COTTAGE be worth now?

CHAPEL COTTAGE might now be worth an estimated £605,548.

This is based on house price inflation of 10.1%, between September 2021 and December 2024, 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 10.1% inflationary increase is applied to the most recent sale price for CHAPEL COTTAGE of £550,000 on 29th September 2021. For the value to have increased from £550,000 to £605,548 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of CHAPEL COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of CHAPEL COTTAGE has not materially changed since September 2021.

How Large is CHAPEL COTTAGE?

CHAPEL COTTAGE is 140m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 20% of detached houses houses in Rookley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rookley, and where CHAPEL COTTAGE lies on this distribution: 83% of detached houses houses are smaller than CHAPEL COTTAGE, and 17% of houses are larger. Note that EPC data is not available for all properties in Rookley.

CHAPEL COTTAGE: Plot and Title Map

CHAPEL COTTAGE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of CHAPEL COTTAGE, 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 CHAPEL COTTAGE). 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 CHAPEL COTTAGE?

CHAPEL COTTAGE is located on NITON ROAD in ROOKLEY, in the PO38 postcode district. The below map shows the position of CHAPEL COTTAGE on NITON ROAD.