THE CHESTNUTS, HIGH STREET, GODSHILL, VENTNOR, PO38 3HH - £425,000

THE CHESTNUTS is a very large detached house of 176m², built sometime between 1996 and 2002. It was last sold for £425,000 in December 2016, which was around 47% above the average December 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

THE CHESTNUTS Sold Prices

Land registry data shows three sales for THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three THE CHESTNUTS 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
2016 16 DEC	£425,000	£289,331	47% above HPI
2005 16 DEC	£320,000	£239,402	34% above HPI
1996 28 JUN	£110,000	£69,114	59% above HPI

THE CHESTNUTS 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 three THE CHESTNUTS sales between June 1996 and December 2016 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 December 2005 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the December 2016 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is THE CHESTNUTS?

THE CHESTNUTS is 176m² according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Godshill, based on EPC data. The below chart shows the distribution of detached houses by size in Godshill, and where THE CHESTNUTS lies on this distribution: 97% of detached houses are smaller than THE CHESTNUTS, and 3% of houses are larger. Note that EPC data is not available for all properties in Godshill.

THE CHESTNUTS: Plot and Title Map

THE CHESTNUTS sits on a plot of roughly 0.209 of an acre, or 848m². The below map shows the location of THE CHESTNUTS, 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 THE CHESTNUTS). 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 THE CHESTNUTS?

THE CHESTNUTS is located on HIGH STREET in GODSHILL, in the PO38 postcode district. The below map shows the position of THE CHESTNUTS on HIGH STREET.