THE OLD POST OFFICE, KEMMING ROAD, WHITWELL, VENTNOR, PO38 2RA - £305,000

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 POST OFFICE is a very large extended detached house of 172m², built sometime between 1967 and 1975. It was last sold for £305,000 in September 2014, which was around 15% above the average September 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was D.

THE OLD POST OFFICE Sold Prices

Land registry data shows two sales for THE OLD POST OFFICE 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 POST OFFICE 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
2014 26 SEP	£305,000	£265,971	15% above HPI
2007 24 AUG	£277,000	£263,269	5% above HPI

THE OLD POST OFFICE 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 POST OFFICE sales from August 2007 and September 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 August 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2014 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is THE OLD POST OFFICE?

THE OLD POST OFFICE is 172m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 10% of detached houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses by size in Whitwell, and where THE OLD POST OFFICE lies on this distribution: 90% of detached houses are smaller than THE OLD POST OFFICE, and 10% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

THE OLD POST OFFICE: Plot and Title Map

THE OLD POST OFFICE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of THE OLD POST OFFICE, 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 POST OFFICE). 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 POST OFFICE?

THE OLD POST OFFICE is located on KEMMING ROAD in WHITWELL, in the PO38 postcode district. The below map shows the position of THE OLD POST OFFICE on KEMMING ROAD.