VESEY COTTAGE, WARLANDS LANE, SHALFLEET, NEWPORT, PO30 4NQ - £345,000

VESEY COTTAGE is a large detached house of 129m², built sometime between 1976 and 1982. It was last sold for £345,000 in September 2021, which was around 7% below the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

VESEY COTTAGE Sold Prices

Land registry data shows two sales for VESEY COTTAGE 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. One of the two VESEY COTTAGE sales was for below the average price, whilst the other was 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
2021 24 SEP	£345,000	£372,037	7% below HPI
2002 8 FEB	£160,000	£147,923	8% above HPI

VESEY COTTAGE 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 VESEY COTTAGE sales from February 2002 and September 2021 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 February 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is VESEY COTTAGE?

VESEY COTTAGE is 129m² according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses in Shalfleet, based on EPC data. The below chart shows the distribution of detached houses by size in Shalfleet, and where VESEY COTTAGE lies on this distribution: 77% of detached houses are smaller than VESEY COTTAGE, and 20% of houses are larger. Note that EPC data is not available for all properties in Shalfleet.

VESEY COTTAGE: Plot and Title Map

VESEY COTTAGE sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of VESEY COTTAGE, 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 VESEY COTTAGE). 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 VESEY COTTAGE?

VESEY COTTAGE is located on WARLANDS LANE in SHALFLEET, in the PO30 postcode district. The below map shows the position of VESEY COTTAGE on WARLANDS LANE.