THE OLD MANSE, BARRACK SHUTE, NITON, VENTNOR, PO38 2BE - £780,000

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 OLD MANSE is a very large extended detached house of 212m², built sometime between 1900 and 1929. It was last sold for £780,000 in September 2023, which was around 85% above the average September 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was C.

THE OLD MANSE Sold Prices

Land registry data shows two sales for THE OLD MANSE 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 OLD MANSE 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
2023 6 SEP	£780,000	£421,112	85% above HPI
2021 14 SEP	£593,000	£372,037	59% above HPI

THE OLD MANSE 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 OLD MANSE sales from September 2021 and September 2023 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 September 2021 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the September 2023 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is THE OLD MANSE?

THE OLD MANSE is 212m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where THE OLD MANSE lies on this distribution: 95% of detached houses are smaller than THE OLD MANSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Niton.

THE OLD MANSE: Plot and Title Map

THE OLD MANSE sits on a plot of roughly 0.303 of an acre, or 1,226m². The below map shows the location of THE OLD MANSE, 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 OLD MANSE). 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 OLD MANSE?

THE OLD MANSE is located on BARRACK SHUTE in NITON, in the PO38 postcode district. The below map shows the position of THE OLD MANSE on BARRACK SHUTE.