MANOR COTTAGE, MARLBOROUGH ROAD, VENTNOR, PO38 1TE - £225,000

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

MANOR COTTAGE is a very small detached house of 44m², built sometime before 1900. It was last sold for £225,000 in October 2021, which was around 41% below the average October 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

MANOR COTTAGE Sold Prices

Land registry data shows three sales for MANOR 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. Two of the three MANOR COTTAGE sales were for below the average price, whilst one was 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 28 OCT	£225,000	£384,208	41% below HPI
2018 15 MAR	£220,000	£306,446	28% below HPI
2005 28 OCT	£576,000	£243,518	137% above HPI

MANOR 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 MANOR COTTAGE sales between October 2005 and October 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 March 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is MANOR COTTAGE?

MANOR COTTAGE is 44m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 10% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where MANOR COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than MANOR COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

MANOR COTTAGE: Plot and Title Map

MANOR COTTAGE sits on a plot of roughly 0.034 of an acre, or 138m². The below map shows the location of MANOR 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 MANOR 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 MANOR COTTAGE?

MANOR COTTAGE is located on MARLBOROUGH ROAD in VENTNOR, in the PO38 postcode district. The below map shows the position of MANOR COTTAGE on MARLBOROUGH ROAD.