THE CROFT, MAIN ROAD, ROOKLEY, VENTNOR, PO38 3NG - £220,000

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

THE CROFT is a large detached house of 124m², built sometime between 1967 and 1975. It was last sold for £220,000 in July 2014, which was around 18% below the average July 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2024, where the current energy rating was E, and the potential energy rating was B.

THE CROFT Sold Prices

Land registry data shows two sales for THE CROFT 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 THE CROFT 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 11 JUL	£220,000	£267,928	18% below HPI
2009 17 JUN	£215,000	£235,237	9% below HPI

THE CROFT 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 THE CROFT sales from June 2009 and July 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 June 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE CROFT?

THE CROFT is 124m² according to the EPC inspection conducted in June 2024. This puts it in the largest 30% of detached houses in Rookley, based on EPC data. The below chart shows the distribution of detached houses by size in Rookley, and where THE CROFT lies on this distribution: 75% of detached houses are smaller than THE CROFT, and 25% of houses are larger. Note that EPC data is not available for all properties in Rookley.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.196 of an acre, or 791m². The below map shows the location of THE CROFT, 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 THE CROFT). 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 THE CROFT?

THE CROFT is located on MAIN ROAD in ROOKLEY, in the PO38 postcode district. The below map shows the position of THE CROFT on MAIN ROAD.