THE RETREAT, BONCHURCH SHUTE, VENTNOR, PO38 1NX - £490,000

THE RETREAT is a large detached house of 150m², built sometime before 1900. It was last sold for £490,000 in October 2011, which was around 97% above the average October 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2011, where the current energy rating was F, and the potential energy rating was E.

THE RETREAT Sold Prices

Land registry data shows two sales for THE RETREAT 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 RETREAT 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
2011 7 OCT	£490,000	£248,879	97% above HPI
2002 23 JUL	£315,000	£167,707	88% above HPI

THE RETREAT 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 RETREAT sales from July 2002 and October 2011 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 2002 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the October 2011 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.

How Large is THE RETREAT?

THE RETREAT is 150m² according to the EPC inspection conducted in April 2011. This puts it in the largest 30% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where THE RETREAT lies on this distribution: 71% of detached houses are smaller than THE RETREAT, and 29% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.336 of an acre, or 1,361m². The below map shows the location of THE RETREAT, 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 RETREAT). 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 RETREAT?

THE RETREAT is located on BONCHURCH SHUTE in VENTNOR, in the PO38 postcode district. The below map shows the position of THE RETREAT on BONCHURCH SHUTE.