LANGLEY COTTAGE, RECTORY ROAD, NITON, VENTNOR, PO38 2AU - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LANGLEY COTTAGE is a midsized extended detached house of 106m², built sometime between 1900 and 1929. It was last sold for £190,000 in October 2011, which was around 24% below the average October 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was F.

LANGLEY COTTAGE Sold Prices

Land registry data shows three sales for LANGLEY COTTAGE 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. All of the three LANGLEY 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
2011 10 OCT	£190,000	£248,879	24% below HPI
2001 29 OCT	£125,000	£142,646	12% below HPI
1998 16 JAN	£79,950	£83,843	5% below HPI

LANGLEY 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 three LANGLEY COTTAGE sales between January 1998 and October 2011 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 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2011 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is LANGLEY COTTAGE?

LANGLEY COTTAGE is 106m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the largest 50% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where LANGLEY COTTAGE lies on this distribution: 57% of detached houses are smaller than LANGLEY COTTAGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Niton.

LANGLEY COTTAGE: Plot and Title Map

LANGLEY COTTAGE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of LANGLEY 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 LANGLEY 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 LANGLEY COTTAGE?

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