Span Lodge Rew Lane

    SPAN LODGE, REW LANE, WROXALL, VENTNOR, PO38 3AU

    This detached freehold property on Rew Lane last sold in May 2013 for £475,000. Based on price growth in the PO38 district since then, its estimated current value is £717,486 — placing it in the 91st percentile nationally and the 96th percentile within PO38. The property covers 135 m² (1,453 sq ft), giving an estimated value of £5,315 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    135 m²

    (1,453 sq ft)

    Last Sale Price

    £475,000

    May 2013

    Estimated Valuation

    £717,486

    Est. £/m²

    £5,315/m²

    £494/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area135 m² (1,453 sq ft)
    EPC dateSept 2012
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    20 May 2013

    £475,000

    8 Sept 1995

    £92,000

    Key Metrics

    Estimated valuation£717,486
    Value per m² / sq ft£5,315/m² (£494/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile96th percentile
    National percentile91st 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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