Corve Lodge, Ventnor
Corve Lodge, Ventnor
Description & Estimates
Public records show Corve Lodge, Ventnor to be a mid-century freehold house with 1,323 ft2 of internal area, sitting on a 6,731 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Corve Lodge, Ventnor has an estimated sale value of £506,273 and an estimated rental value of £1,458 per month, assuming reasonable condition and based on the information available.
Corve, Chale Green, Ventnor, PO38 lies within the PO38 postal district.
Our Data Sources
Corve Lodge, Ventnor has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Corve Lodge, Ventnor would be worth £531,587, with a potential rental value of £1,531 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £470,834, with a rental value of £1,356 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Corve Lodge, Ventnor has moved down by £20,325 (4.0%) over the last year. During the same period, its estimated monthly rental value has increased by £54 (3.7%). The property's estimated gross yield is currently 3.5%.
Plot Size
Corve Lodge, Ventnor occupies a 6,731 m2 plot as recorded by HM Land Registry.
Of the 4 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
Corve Lodge, Ventnor has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Corve Lodge, Ventnor last changed hands on 4th January 2024, selling for £525,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 1.0% since January 2024.
- Sold Jan 2024£525,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.7 kilometres of Corve Lodge, Ventnor across the last 2 years.
Most recently, Primrose Cottage, Town Lane, Ventnor, PO38 2JS, a freehold house, sold at £320,000 on the 31st May 2018.
Read more about house prices in PO38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Corve Lodge, Ventnor as the 4th largest and the 3rd most expensive of the 4 addresses on Corve, Chale Green, Ventnor, PO38.
Against the PO38 postcode district average, it is £186k more expensive than the typical property.
More reading links
Schools Nearby
- 4.8kmNiton Primary School
- 5.2kmGodshill Primary School
- 5.5kmBrighstone Church of England Aided Primary School
- 7.9kmThe Island Free School
- 8.3kmChrist The King College
- 8.6kmCarisbrooke College
More reading links
Public Transport Nearby
Shanklin station is the nearest stop to Corve Lodge, Ventnor at 10.4 kilometres away.
- 10.4kmShanklin
- 11.7kmLake
- 12.3kmSandown
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
