Chestnut Cottage School Lane

    CHESTNUT COTTAGE, SCHOOL LANE, NITON, VENTNOR, PO38 2BP

    This detached freehold property on School Lane last sold in March 2015 for £235,000. Based on price growth in the PO38 district since then, its estimated current value is £358,434 — placing it in the 61st percentile nationally and the 69th percentile within PO38. The property covers 90 m² (969 sq ft), giving an estimated value of £3,983 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    90 m²

    (969 sq ft)

    Last Sale Price

    £235,000

    Mar 2015

    Estimated Valuation

    £358,434

    Est. £/m²

    £3,983/m²

    £370/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area90 m² (969 sq ft)
    EPC dateJan 2015
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    24 Mar 2015

    £235,000

    26 Apr 2002

    £166,000

    Key Metrics

    Estimated valuation£358,434
    Value per m² / sq ft£3,983/m² (£370/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile69th percentile
    National percentile61st 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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