I wonder if there is any chance of the Isle of Wight Steam Railway being extended beyond Wootton towards Newport. Much of the original grade is still there but unfortunately the parts near Newport have been built over. A former rail tunnel near Newport now has a trail.
The Bluebell Railway story of excavating a filled-in cutting to rebuild the abandoned line reminds me of the situation at Wootton. This is where the line used to continue to Newport ...
http://en.wikipedia.org/wiki/I..._Wight_Steam_Railway
An extension of the line westwards from Wootton to Newport has been suggested in the past. It is unlikely that the full extent will ever be restored as there is now a road on the site of Newport station and houses have been built on another part of the former line. However a stretch of trackbed from Wootton to the outskirts of Newport at Halberry Lane is still free from development and could in theory be used in the future.
Roughly 2.5 miles of former rail grade are mostly intact; the last half-mile into Newport is mostly redeveloped.