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PO38

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New builds in PO38: what they really sell for.

0 new-build homes sold in PO38 in the last 12 months, 0% of all sales. New detached homes sold for a median £438,495, 12.4% more than existing ones.

Ventnor, covering Brighstone, Calbourne & Shalfleet, Central Rural, Chale, Niton & Shorwell, Newchurch, Havenstreet & Ashey, Ventnor & St Lawrence, Wroxall, Lowtherville & Bonchurch, Brighstone, Chale.

New homes sold

0

0% of sales, last 12 months

New-build premium

+12.4%

Detached homes

Resold, vs market

—

Too few resales

Energy bills

~£677/yr

100% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Cherrywood Place, GodshillPO38 3FG · detached, semi-detached · 4 sold · latest Jun 2025
£326k–£450k£3,962/m²
Elodie Way, GodshillPO38 3FJ, PO38 3FL · detached, semi-detached, terraced · 8 sold · latest Apr 2025
£320k–£434k£3,710/m²
Regale Drive, GodshillPO38 3FP · detached, semi-detached · 3 sold · latest Jan 2025
£335k–£550k£3,985/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+12.4%

New £438k · existing £390k

10 new-build sales

Semi-detached

+34.0%

New £335k · existing £250k

7 new-build sales

Running costs

What new homes here cost to run

Energy bills

~£677/yr

Typical 93 m² home

Typical rating

EPC A

Solar panels

100%

of homes

Heat pumps

0%

of homes

From the energy certificates of 15 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in PO38?

Over the last two years, new detached homes in PO38 sold for a median £438,495 against £390,000 for existing ones, a difference of +12.4%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Which new developments are selling in PO38?

Recent new-build sales recorded by Land Registry in PO38 include Cherrywood Place, Godshill, Elodie Way, Godshill, Regale Drive, Godshill. New streets appear once the first homes complete.

How do I know if a new build in PO38 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers