Melville Lodge Park Avenue, Ventnor, PO38 1LD is a leasehold detached property built before 1900. The property offers approximately 3,014 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £945,762 , which equates to approximately £314 per square foot. It was last sold on 21 Dec 2015 for £670,000. Since then, the value has increased by £275,762, representing a 41.2% increase, or approximately 4.1% per year.

The current estimated value of £945,762 is:

  • 154.5% higher than the average property price on Park Avenue
  • 95.1% higher than the average in the PO38 1LD postcode area
  • and 216.7% higher than the average price for Ventnor as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 August 2024, the property was recorded as owner-occupied.

View sold house prices in PO38 1LD

Building approximate location

About Property

Type
Detached House
Built
before 1900
Interior Size
3014 sq ft
Tenure
Leasehold
Price (estimate)
£945,762
Price Per sq ft (estimate)
£314
Bedroom Count (estimate)
6 bedrooms

EPC Summary

Melville Lodge Park Avenue, Ventnor, Isle Of Wight, PO38 1LD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 27 Aug 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

The previous EPC assessment was conducted on 17 Jun 2010. The rating of E remains the same, but the energy efficiency score improved by 6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from good to very poor.
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 52% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£945,762
streetscan.co.uk estimate
+41 %
21 Dec 2015
£670,000
Leasehold
+61.1 %
6 Apr 2006
£416,000
Leasehold

Area Insights

Nearby Properties

Merrie Meade Park Avenue, Ventnor, PO38 1LD
rooms: 5
size: 1442 sq ft
sale price: £190,000
sale date: 12 Sep 2019
South Bank Park Avenue, Ventnor, PO38 1LD
rooms: 10
size: 3337 sq ft
sale price: £535,000
sale date: 16 Jul 2018
Park House Park Avenue, Ventnor, PO38 1LD
rooms: 12
size: 4876 sq ft
sale price: £400,000
sale date: 28 May 2015

Data Sources

The property at Melville Lodge Park Avenue, Ventnor, PO38 1LD appears two times in the Land Registry records, with the latest transaction recorded on 21 Dec 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Aug 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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