WATERS END, CASTLEHAVEN LANE, NITON UNDERCLIFF, VENTNOR, PO38 2NB - £395,000

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

WATERS END is a large detached house of 127m², built sometime between 1967 and 1975. It was last sold for £395,000 in May 2019, which was around 22% above the average May 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

WATERS END Sold Prices

Land registry data shows two sales for WATERS END 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 WATERS END 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
2019 30 MAY	£395,000	£322,742	22% above HPI
2011 15 DEC	£365,000	£253,640	44% above HPI

WATERS END 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 WATERS END sales from December 2011 and May 2019 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 December 2011 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the May 2019 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is WATERS END?

WATERS END is 127m² according to the EPC inspection conducted in July 2011. This puts it in the largest 40% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where WATERS END lies on this distribution: 68% of detached houses are smaller than WATERS END, and 32% of houses are larger. Note that EPC data is not available for all properties in Niton.

WATERS END: Plot and Title Map

WATERS END sits on a plot of roughly 0.612 of an acre, or 2,475m². The below map shows the location of WATERS END, 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 WATERS END). 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 WATERS END?

WATERS END is located on CASTLEHAVEN LANE in NITON UNDERCLIFF, in the PO38 postcode district. The below map shows the position of WATERS END on CASTLEHAVEN LANE.