16, BANNOCK ROAD, WHITWELL, VENTNOR, PO38 2RD - £220,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 BANNOCK ROAD is a small detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £352,891. It was last sold for £220,000 in August 2013, which was around 12% below the average August 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

16 BANNOCK ROAD Sold Prices

Land registry data shows two sales for 16 BANNOCK ROAD 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 16 BANNOCK 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
2013 30 AUG	£220,000	£250,038	12% below HPI
2003 11 DEC	£150,000	£204,152	27% below HPI

16 BANNOCK 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 two 16 BANNOCK ROAD sales from December 2003 and August 2013 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 December 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 16 BANNOCK ROAD be worth now?

16 BANNOCK ROAD might now be worth an estimated £352,891.

This is based on house price inflation of 60.4%, between August 2013 and December 2024, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.4% inflationary increase is applied to the most recent sale price for 16 BANNOCK ROAD of £220,000 on 30th August 2013. For the value to have increased from £220,000 to £352,891 over the ten years and eight months to December 2024, the following assumptions must hold true:

• The value of 16 BANNOCK ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2013 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 16 BANNOCK ROAD has not materially changed since August 2013.

How Large is 16 BANNOCK ROAD?

16 BANNOCK ROAD is 79m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitwell, and where 16 BANNOCK ROAD lies on this distribution: 23% of detached houses houses are smaller than 16 BANNOCK ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

16 BANNOCK ROAD: Plot and Title Map

16 BANNOCK ROAD sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 16 BANNOCK 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 16 BANNOCK 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 16 BANNOCK ROAD?

16 BANNOCK ROAD is located in WHITWELL, in the PO38 postcode district. The below map shows the position of No. 16 on BANNOCK ROAD.