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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

WHEREAWAY is a large extended detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £401,003. It was last sold for £250,000 in November 2013, which was around 2% 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. One of the two WHEREAWAY sales was for below the average price, whilst the other was 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
2013 15 NOV	£250,000	£253,811	2% below HPI
2006 10 MAR	£234,500	£232,944	1% above 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% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2013 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might WHEREAWAY be worth now?

WHEREAWAY might now be worth an estimated £401,003.

This is based on house price inflation of 60.4%, between November 2013 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.4% inflationary increase is applied to the most recent sale price for WHEREAWAY of £250,000 on 15th November 2013. For the value to have increased from £250,000 to £401,003 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of WHEREAWAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2013 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of WHEREAWAY has not materially changed since November 2013.

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 houses in Niton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Niton, and where WHEREAWAY lies on this distribution: 62% of detached houses houses are smaller than WHEREAWAY, and 38% 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.