10, ALLOTMENT ROAD, NITON, VENTNOR, PO38 2DT - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 ALLOTMENT ROAD is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £260,000 in April 2021, which was around 29% below the average April 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

10 ALLOTMENT ROAD Sold Prices

Land registry data shows three sales for 10 ALLOTMENT ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 10 ALLOTMENT ROAD 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
2021 16 APR	£260,000	£364,812	29% below HPI
1999 14 OCT	£78,000	£105,421	26% below HPI
1997 28 JUL	£55,000	£77,911	29% below HPI

10 ALLOTMENT ROAD 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 three 10 ALLOTMENT ROAD sales between July 1997 and April 2021 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 October 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 10 ALLOTMENT ROAD?

10 ALLOTMENT ROAD is 74m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 20% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where 10 ALLOTMENT ROAD lies on this distribution: 19% of detached houses are smaller than 10 ALLOTMENT ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Niton.

10 ALLOTMENT ROAD: Plot and Title Map

10 ALLOTMENT ROAD sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 10 ALLOTMENT ROAD, 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 10 ALLOTMENT ROAD). 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 10 ALLOTMENT ROAD?

10 ALLOTMENT ROAD is located in NITON, in the PO38 postcode district. The below map shows the position of No. 10 on ALLOTMENT ROAD.