74a Rails Lane

    74A, RAILS LANE, HAYLING ISLAND, PO11 9LP

    This detached freehold property on Rails Lane last sold in October 2018 for £385,000. Based on price growth in the PO11 district since then, its estimated current value is £440,652 — placing it in the 73rd percentile nationally and the 72nd percentile within PO11. The property covers 94 m² (1,012 sq ft), giving an estimated value of £4,688 per m². The EPC rating is C, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,012 sq ft

    94 m²

    Last Sale Price

    £385,000

    Oct 2018

    Estimated Valuation

    £440,652

    Est. £/sq ft

    £436/sq ft

    £4,688/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageK
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area1,012 sq ft (94 m²)
    EPC dateOct 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Oct 2018

    £385,000

    Key Metrics

    Estimated valuation£440,652
    Value per sq ft / m²£436/sq ft (£4,688/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO11 district percentile72nd percentile
    National percentile73rd percentile

    District Context — PO11

    PO11 covers the Isle of Wight's central and eastern areas, including Shanklin and Sandown. The district is a established coastal and retirement-oriented community with seaside appeal.

    Average Property Price - PO11

    £366,597

    60

    National percentile

    Average Net Household Income - PO11

    £38,670

    52

    National percentile

    10-Year Annualised Price Growth - PO11

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO11

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