Sharmany Chapel Lane

    SHARMANY, CHAPEL LANE, MERSTONE, NEWPORT, PO30 3DD

    This detached freehold property on Chapel Lane last sold in May 2020 for £640,000. Based on price growth in the PO30 district since then, its estimated current value is £722,157 — placing it in the 91st percentile nationally and the 98th percentile within PO30. The property covers 206 m² (2,217 sq ft), giving an estimated value of £3,506 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,217 sq ft

    206 m²

    Last Sale Price

    £640,000

    May 2020

    Estimated Valuation

    £722,157

    Est. £/sq ft

    £326/sq ft

    £3,506/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms8
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area2,217 sq ft (206 m²)
    EPC dateFeb 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    22 May 2020

    £640,000

    22 Apr 2014

    £652,500

    8 Aug 2003

    £300,000

    Key Metrics

    Estimated valuation£722,157
    Value per sq ft / m²£326/sq ft (£3,506/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile98th percentile
    National percentile91st percentile

    District Context — PO30

    PO30 covers the Isle of Wight, a coastal island off Hampshire's southern coast. It is a mature, family-friendly community with strong appeal to retirees and holiday visitors.

    Average Property Price - PO30

    £261,554

    31

    National percentile

    Average Net Household Income - PO30

    £37,072

    44

    National percentile

    10-Year Annualised Price Growth - PO30

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO30

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