NINGWOOD OLD STATION, WELLOW ROAD, NINGWOOD, YARMOUTH, PO41 0TG - £790,000

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

NINGWOOD OLD STATION is a large extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £790,000 in June 2023, which was around 84% above the average June 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was C.

NINGWOOD OLD STATION Sold Prices

Land registry data shows two sales for NINGWOOD OLD STATION since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two NINGWOOD OLD STATION sales were 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
2023 23 JUN	£790,000	£429,262	84% above HPI
2014 8 DEC	£395,000	£269,910	46% above HPI

NINGWOOD OLD STATION 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 two NINGWOOD OLD STATION sales from December 2014 and June 2023 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 December 2014 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2023 sale, where it rises to 84% above the HPI. The line then continues to track at 84% above the HPI.

How Large is NINGWOOD OLD STATION?

NINGWOOD OLD STATION is 157m², which includes three extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Ningwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ningwood, and where NINGWOOD OLD STATION lies on this distribution: 75% of detached houses are smaller than NINGWOOD OLD STATION, and 21% of houses are larger. Note that EPC data is not available for all properties in Ningwood.

NINGWOOD OLD STATION: Plot and Title Map

NINGWOOD OLD STATION sits on a plot of roughly 1.3 acres, or 5,153m². The below map shows the location of NINGWOOD OLD STATION, 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 NINGWOOD OLD STATION). 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 NINGWOOD OLD STATION?

NINGWOOD OLD STATION is located on WELLOW ROAD in NINGWOOD, in the PO41 postcode district. The below map shows the position of NINGWOOD OLD STATION on WELLOW ROAD.