MAYCROFT, CASTLEHAVEN LANE, NITON UNDERCLIFF, VENTNOR, PO38 2NB - £380,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

MAYCROFT is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £380,000 in September 2019, which was around 17% above the average September 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2016, where the current energy rating was E, and the potential energy rating was C.

MAYCROFT Sold Prices

Land registry data shows three sales for MAYCROFT 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 MAYCROFT 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
2019 25 SEP	£380,000	£324,960	17% above HPI
1999 2 JUN	£89,000	£96,072	7% below HPI
1997 4 SEP	£82,000	£81,314	1% above HPI

MAYCROFT 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 MAYCROFT sales between September 1997 and September 2019 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 June 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is MAYCROFT?

MAYCROFT is 83m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 40% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where MAYCROFT lies on this distribution: 31% of detached houses are smaller than MAYCROFT, and 66% of houses are larger. Note that EPC data is not available for all properties in Niton.

MAYCROFT: Plot and Title Map

MAYCROFT sits on a plot of roughly 0.245 of an acre, or 992m². The below map shows the location of MAYCROFT, 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 MAYCROFT). 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 MAYCROFT?

MAYCROFT is located on CASTLEHAVEN LANE in NITON UNDERCLIFF, in the PO38 postcode district. The below map shows the position of MAYCROFT on CASTLEHAVEN LANE.