DOWNLANDS, CHALE STREET, CHALE, VENTNOR, PO38 2HF - £350,000

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.

DOWNLANDS is a midsized detached house of 127m², built sometime between 1950 and 1966, which could now be worth an estimated £547,142. It was last sold for £350,000 in September 2014, which was around 34% above the average September 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

DOWNLANDS Sold Prices

Land registry data shows three sales for DOWNLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three DOWNLANDS sales were for above the average price, whilst one was 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
2014 24 SEP	£350,000	£260,427	34% above HPI
2004 21 MAY	£249,000	£211,235	18% above HPI
1995 24 AUG	£63,500	£68,400	7% below HPI

DOWNLANDS 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 three DOWNLANDS sales between August 1995 and September 2014 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 May 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2014 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might DOWNLANDS be worth now?

DOWNLANDS might now be worth an estimated £547,142.

This is based on house price inflation of 56.3%, between September 2014 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 56.3% inflationary increase is applied to the most recent sale price for DOWNLANDS of £350,000 on 24th September 2014. For the value to have increased from £350,000 to £547,142 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of DOWNLANDS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2014 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of DOWNLANDS has not materially changed since September 2014.

How Large is DOWNLANDS?

DOWNLANDS is 127m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% 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 DOWNLANDS lies on this distribution: 45% of detached houses houses are smaller than DOWNLANDS, and 55% of houses are larger. Note that EPC data is not available for all properties in Chale.

DOWNLANDS: Plot and Title Map

DOWNLANDS sits on a plot of roughly 0.271 of an acre, or 1,096m². The below map shows the location of DOWNLANDS, 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 DOWNLANDS). 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 DOWNLANDS?

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