WHEREAWAY, RECTORY ROAD, NITON, VENTNOR, PO38 2DL - £250,000

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

WHEREAWAY is a large extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £250,000 in November 2013, which was around 4% below the average November 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2013, where the current energy rating was F, and the potential energy rating was B.

WHEREAWAY Sold Prices

Land registry data shows two sales for WHEREAWAY 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 WHEREAWAY 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
2013 15 NOV	£250,000	£259,215	4% below HPI
2006 10 MAR	£234,500	£237,904	1% below HPI

WHEREAWAY 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 WHEREAWAY sales from March 2006 and November 2013 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 March 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2013 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is WHEREAWAY?

WHEREAWAY is 112m², which includes one extension, according to the EPC inspection conducted in March 2013. 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 WHEREAWAY lies on this distribution: 63% of detached houses are smaller than WHEREAWAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Niton.

WHEREAWAY: Plot and Title Map

WHEREAWAY sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of WHEREAWAY, 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 WHEREAWAY). 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 WHEREAWAY?

WHEREAWAY is located on RECTORY ROAD in NITON, in the PO38 postcode district. The below map shows the position of WHEREAWAY on RECTORY ROAD.