MOORINGS, KEMMING ROAD, WHITWELL, VENTNOR, PO38 2QX - £228,000

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

MOORINGS is a very small extended detached house of 78m², built sometime between 1950 and 1966. It was last sold for £228,000 in February 2019, which was around 30% below the average February 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

MOORINGS Sold Prices

Land registry data shows three sales for MOORINGS 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 MOORINGS 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
2019 20 FEB	£228,000	£325,651	30% below HPI
2006 30 MAY	£176,000	£246,285	29% below HPI
2004 7 MAY	£166,000	£215,732	23% below HPI

MOORINGS 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 MOORINGS sales between May 2004 and February 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 May 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is MOORINGS?

MOORINGS is 78m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses by size in Whitwell, and where MOORINGS lies on this distribution: 19% of detached houses are smaller than MOORINGS, and 81% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

MOORINGS: Plot and Title Map

MOORINGS sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of MOORINGS, 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 MOORINGS). 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 MOORINGS?

MOORINGS is located on KEMMING ROAD in WHITWELL, in the PO38 postcode district. The below map shows the position of MOORINGS on KEMMING ROAD.