The Olive House Old Park Road

    THE OLIVE HOUSE, OLD PARK ROAD, ST LAWRENCE, VENTNOR, PO38 1XU

    This detached freehold property on Old Park Road last sold in October 2020 for £480,000. Based on price growth in the PO38 district since then, its estimated current value is £552,556 — placing it in the 83rd percentile nationally and the 90th percentile within PO38. The property covers 187 m² (2,013 sq ft), giving an estimated value of £2,955 per m². The EPC rating is F, with a potential rating of E.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    187 m²

    (2,013 sq ft)

    Last Sale Price

    £480,000

    Oct 2020

    Estimated Valuation

    £552,556

    Est. £/m²

    £2,955/m²

    £275/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms9
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialE
    Floor area187 m² (2,013 sq ft)
    EPC dateSept 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, electric

    Transaction History

    1 Oct 2020

    £480,000

    Key Metrics

    Estimated valuation£552,556
    Value per m² / sq ft£2,955/m² (£275/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile90th percentile
    National percentile83rd percentile

    District Context — PO38

    PO38 covers the Isle of Wight and sits off the south coast of Hampshire. It is a predominantly residential area with strong appeal to retirees and families seeking a quieter, coastal lifestyle.

    Average Property Price - PO38

    £322,618

    49

    National percentile

    Average Net Household Income - PO38

    £34,497

    29

    National percentile

    10-Year Annualised Price Growth - PO38

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO38

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