MYRTLE COTTAGE, HIGH STREET, WROXALL, VENTNOR, PO38 3BH - £172,000

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.

MYRTLE COTTAGE is a very large extended semi-detached house of 482m², built sometime between 1900 and 1929, which could now be worth an estimated £272,762. It was last sold for £172,000 in September 2014, which was around 4% below the average September 2014 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was C.

MYRTLE COTTAGE Sold Prices

Land registry data shows four sales for MYRTLE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four MYRTLE 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
2014 12 SEP	£172,000	£179,824	4% below HPI
2003 17 JAN	£93,000	£118,157	21% below HPI
2001 6 NOV	£70,000	£92,033	24% below HPI
2001 22 MAR	£45,000	£84,475	47% below HPI

MYRTLE COTTAGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The four MYRTLE COTTAGE sales between March 2001 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 January 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2014 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might MYRTLE COTTAGE be worth now?

MYRTLE COTTAGE might now be worth an estimated £272,762.

This is based on house price inflation of 58.6%, between September 2014 and February 2025, for semi-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 58.6% inflationary increase is applied to the most recent sale price for MYRTLE COTTAGE of £172,000 on 12th September 2014. For the value to have increased from £172,000 to £272,762 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of MYRTLE COTTAGE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The September 2014 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of MYRTLE COTTAGE has not materially changed since September 2014.

How Large is MYRTLE COTTAGE?

MYRTLE COTTAGE is 482m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% of semi-detached houses houses in Wroxall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wroxall, and where MYRTLE COTTAGE lies on this distribution: More than 99% of semi-detached houses houses are smaller than MYRTLE COTTAGE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wroxall.

MYRTLE COTTAGE: Plot and Title Map

MYRTLE COTTAGE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of MYRTLE 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 MYRTLE 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 MYRTLE COTTAGE?

MYRTLE COTTAGE is located on HIGH STREET in WROXALL, in the PO38 postcode district. The below map shows the position of MYRTLE COTTAGE on HIGH STREET.