SPAN LODGE, REW LANE, WROXALL, VENTNOR, PO38 3AU - £475,000

SPAN LODGE is a very large extended detached house of 135m², built sometime before 1900. It was last sold for £475,000 in May 2013, which was around 95% above the average May 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was B.

SPAN LODGE Sold Prices

Land registry data shows two sales for SPAN LODGE 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 SPAN LODGE sales were for above 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
2013 20 MAY	£475,000	£243,197	95% above HPI
1995 8 SEP	£92,000	£69,544	32% above HPI

SPAN LODGE 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 SPAN LODGE sales from September 1995 and May 2013 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 September 1995 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2013 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is SPAN LODGE?

SPAN LODGE is 135m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the largest 20% of detached houses in Wroxall, based on EPC data. The below chart shows the distribution of detached houses by size in Wroxall, and where SPAN LODGE lies on this distribution: 89% of detached houses are smaller than SPAN LODGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Wroxall.

SPAN LODGE: Plot and Title Map

SPAN LODGE sits on a plot of roughly 1.4 acres, or 5,773m². The below map shows the location of SPAN LODGE, 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 SPAN LODGE). 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 SPAN LODGE?

SPAN LODGE is located on REW LANE in WROXALL, in the PO38 postcode district. The below map shows the position of SPAN LODGE on REW LANE.