DEMELZA COTTAGE, HIGH STREET, GODSHILL, VENTNOR, PO38 3HH - £250,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

DEMELZA COTTAGE is a very small extended semi-detached house of 50m², built sometime between 1900 and 1929. It was last sold for £250,000 in August 2022, which was around 41% below the average August 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was B.

DEMELZA COTTAGE Sold Prices

Land registry data shows four sales for DEMELZA COTTAGE 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 DEMELZA COTTAGE 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
2022 1 AUG	£250,000	£425,763	41% below HPI
2013 12 SEP	£152,500	£255,877	40% below HPI
1999 11 FEB	£52,000	£91,913	43% below HPI
1997 2 MAY	£30,000	£76,595	61% below HPI

DEMELZA 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 four DEMELZA COTTAGE sales between May 1997 and August 2022 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 September 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is DEMELZA COTTAGE?

DEMELZA COTTAGE is 50m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of detached houses in Godshill, based on EPC data. The below chart shows the distribution of detached houses by size in Godshill, and where DEMELZA COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than DEMELZA COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Godshill.

DEMELZA COTTAGE: Plot and Title Map

DEMELZA COTTAGE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of DEMELZA 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 DEMELZA 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 DEMELZA COTTAGE?

DEMELZA COTTAGE is located on HIGH STREET in GODSHILL, in the PO38 postcode district. The below map shows the position of DEMELZA COTTAGE on HIGH STREET.