1, JUBILEE CLOSE, GODSHILL, VENTNOR, PO38 3HD - £242,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 JUBILEE CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £242,500 in September 2016, which was around 18% below the average September 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

1 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 1 JUBILEE CLOSE 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. Both of the two 1 JUBILEE CLOSE sales were for below 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
2016 9 SEP	£242,500	£295,772	18% below HPI
2016 20 APR	£195,000	£288,855	32% below HPI

1 JUBILEE CLOSE 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 1 JUBILEE CLOSE sales from April 2016 and September 2016 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 April 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the September 2016 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 JUBILEE CLOSE?

1 JUBILEE CLOSE is 74m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses in Godshill, based on EPC data. The below chart shows the distribution of detached houses by size in Godshill, and where 1 JUBILEE CLOSE lies on this distribution: 12% of detached houses are smaller than 1 JUBILEE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Godshill.

1 JUBILEE CLOSE: Plot and Title Map

1 JUBILEE CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 1 JUBILEE CLOSE, 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 1 JUBILEE CLOSE). 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 1 JUBILEE CLOSE?

1 JUBILEE CLOSE is located in GODSHILL, in the PO38 postcode district. The below map shows the position of No. 1 on JUBILEE CLOSE.