THE HAVEN, CLEVELANDS ROAD, WROXALL, VENTNOR, PO38 3DY - £335,000

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 HAVEN is a midsized detached house of 86m², built sometime between 1930 and 1949. It was last sold for £335,000 in June 2021, which was around 9% below the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was C.

THE HAVEN Sold Prices

Land registry data shows three sales for THE HAVEN 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 THE HAVEN 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
2021 29 JUN	£335,000	£369,466	9% below HPI
2019 17 JAN	£265,000	£326,544	19% below HPI
2015 20 FEB	£135,000	£265,777	49% below HPI

THE HAVEN 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 THE HAVEN sales between February 2015 and June 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 January 2019 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2021 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is THE HAVEN?

THE HAVEN is 86m² according to the EPC inspection conducted in April 2018. This puts it in the largest 50% of detached houses in Wroxall, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxall, and where THE HAVEN lies on this distribution: 47% of detached houses are smaller than THE HAVEN, and 50% of houses are larger. Note that EPC data is not available for all properties in Wroxall.

THE HAVEN: Plot and Title Map

THE HAVEN sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of THE HAVEN, 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 HAVEN). 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 HAVEN?

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