SQUIRRELS, BUNKERS LANE, ROOKLEY, VENTNOR, PO38 3NJ - £525,000

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

SQUIRRELS is a very large detached house of 174m², built sometime between 1976 and 1982. It was last sold for £525,000 in September 2021, which was around 41% above the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

SQUIRRELS Sold Prices

Land registry data shows three sales for SQUIRRELS 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 SQUIRRELS 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
2021 29 SEP	£525,000	£372,037	41% above HPI
2019 16 JUL	£445,000	£320,079	39% above HPI
2006 11 AUG	£334,500	£246,160	36% above HPI

SQUIRRELS 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 SQUIRRELS sales between August 2006 and September 2021 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 2019 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2021 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is SQUIRRELS?

SQUIRRELS is 174m² according to the EPC inspection conducted in April 2019. This puts it in the largest 20% of detached houses in Rookley, based on EPC data. The below chart shows the distribution of detached houses by size in Rookley, and where SQUIRRELS lies on this distribution: 87% of detached houses are smaller than SQUIRRELS, and 13% of houses are larger. Note that EPC data is not available for all properties in Rookley.

SQUIRRELS: Plot and Title Map

SQUIRRELS sits on a plot of roughly 0.265 of an acre, or 1,071m². The below map shows the location of SQUIRRELS, 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 SQUIRRELS). 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 SQUIRRELS?

SQUIRRELS is located on BUNKERS LANE in ROOKLEY, in the PO38 postcode district. The below map shows the position of SQUIRRELS on BUNKERS LANE.