RICHMOND HOUSE, HIGH STREET, WROXALL, VENTNOR, PO38 3BH - £184,000

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.

RICHMOND HOUSE is a very large extended semi-detached house of 161m², built sometime before 1900, which could now be worth an estimated £322,541. It was last sold for £184,000 in February 2006, which was around 13% above the average February 2006 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

RICHMOND HOUSE Sold Prices

Land registry data shows four sales for RICHMOND HOUSE 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. Most of the four RICHMOND HOUSE 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
2006 28 FEB	£184,000	£162,681	13% above HPI
2005 4 JUL	£135,000	£159,766	16% below HPI
2001 1 NOV	£101,000	£92,033	10% above HPI
1997 31 JAN	£62,500	£46,990	33% above HPI

RICHMOND HOUSE 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 RICHMOND HOUSE sales between January 1997 and February 2006 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 July 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2006 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might RICHMOND HOUSE be worth now?

RICHMOND HOUSE might now be worth an estimated £322,541.

This is based on house price inflation of 75.3%, between February 2006 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 75.3% inflationary increase is applied to the most recent sale price for RICHMOND HOUSE of £184,000 on 28th February 2006. For the value to have increased from £184,000 to £322,541 over the nineteen years to February 2025, the following assumptions must hold true:

• The value of RICHMOND HOUSE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The February 2006 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of RICHMOND HOUSE has not materially changed since February 2006.

How Large is RICHMOND HOUSE?

RICHMOND HOUSE is 161m², which includes two extensions, according to the EPC inspection conducted in February 2012. 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 RICHMOND HOUSE lies on this distribution: 94% of semi-detached houses houses are smaller than RICHMOND HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Wroxall.

RICHMOND HOUSE: Plot and Title Map

RICHMOND HOUSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of RICHMOND HOUSE, 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 RICHMOND HOUSE). 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 RICHMOND HOUSE?

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