LONGWOOD EDGE, BONCHURCH SHUTE, VENTNOR, PO38 1NX - £250,000

LONGWOOD EDGE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £250,000 in September 2014, which was around 6% below the average September 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

LONGWOOD EDGE Sold Prices

Land registry data shows two sales for LONGWOOD EDGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two LONGWOOD EDGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 5 SEP	£250,000	£265,971	6% below HPI
2009 10 JUL	£130,000	£237,615	45% below HPI

LONGWOOD EDGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two LONGWOOD EDGE sales from July 2009 and September 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2009 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2014 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is LONGWOOD EDGE?

LONGWOOD EDGE is 78m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where LONGWOOD EDGE lies on this distribution: 12% of detached houses are smaller than LONGWOOD EDGE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

LONGWOOD EDGE: Plot and Title Map

LONGWOOD EDGE sits on a plot of roughly 0.275 of an acre, or 1,114m². The below map shows the location of LONGWOOD EDGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of LONGWOOD EDGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is LONGWOOD EDGE?

LONGWOOD EDGE is located on BONCHURCH SHUTE in VENTNOR, in the PO38 postcode district. The below map shows the position of LONGWOOD EDGE on BONCHURCH SHUTE.