SPAN VIEW, CLEVELANDS ROAD, WROXALL, VENTNOR, PO38 3DZ - £275,000

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

SPAN VIEW is a small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £275,000 in July 2022, which was around 35% below the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

SPAN VIEW Sold Prices

Land registry data shows three sales for SPAN VIEW 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 SPAN VIEW 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
2022 29 JUL	£275,000	£424,658	35% below HPI
2009 11 FEB	£175,000	£232,928	25% below HPI
2002 19 DEC	£146,950	£184,364	20% below HPI

SPAN VIEW 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 SPAN VIEW sales between December 2002 and July 2022 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 February 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is SPAN VIEW?

SPAN VIEW is 82m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Wroxall, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxall, and where SPAN VIEW lies on this distribution: 40% of detached houses are smaller than SPAN VIEW, and 59% of houses are larger. Note that EPC data is not available for all properties in Wroxall.

SPAN VIEW: Plot and Title Map

SPAN VIEW sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of SPAN VIEW, 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 SPAN VIEW). 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 SPAN VIEW?

SPAN VIEW is located on CLEVELANDS ROAD in WROXALL, in the PO38 postcode district. The below map shows the position of SPAN VIEW on CLEVELANDS ROAD.