Meile Laceys Lane

    MEILE, LACEYS LANE, NITON, VENTNOR, PO38 2DN

    This semi-detached freehold property on Laceys Lane last sold in January 2025 for £215,000. Based on price growth in the PO38 district since then, its estimated current value is £215,000 — placing it in the 28th percentile nationally and the 29th percentile within PO38. The property covers 88 m² (947 sq ft), giving an estimated value of £2,443 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    88 m²

    (947 sq ft)

    Last Sale Price

    £215,000

    Jan 2025

    Estimated Valuation

    £215,000

    Est. £/m²

    £2,443/m²

    £227/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area88 m² (947 sq ft)
    EPC dateSept 2024
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    10 Jan 2025

    £215,000

    5 Aug 1996

    £55,000

    Key Metrics

    Estimated valuation£215,000
    Value per m² / sq ft£2,443/m² (£227/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile29th percentile
    National percentile28th 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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