Town Lane Cottage Town Lane

    TOWN LANE COTTAGE, TOWN LANE, CHALE GREEN, VENTNOR, PO38 2JS

    This semi-detached freehold property on Town Lane last sold in December 2013 for £218,500. Based on price growth in the PO38 district since then, its estimated current value is £348,596 — placing it in the 59th percentile nationally and the 67th percentile within PO38. The property covers 85 m² (915 sq ft), giving an estimated value of £4,101 per m². The EPC rating is F, with a potential rating of D.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    85 m²

    (915 sq ft)

    Last Sale Price

    £218,500

    Dec 2013

    Estimated Valuation

    £348,596

    Est. £/m²

    £4,101/m²

    £381/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelwood logs
    EPC currentF
    EPC potentialD
    Floor area85 m² (915 sq ft)
    EPC dateJan 2013
    WallsSandstone, as built, no insulation (assumed)
    HeatingRoom heaters, wood logs

    Transaction History

    12 Dec 2013

    £218,500

    Key Metrics

    Estimated valuation£348,596
    Value per m² / sq ft£4,101/m² (£381/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile67th percentile
    National percentile59th 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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