2, BANNOCK ROAD, WHITWELL, VENTNOR, PO38 2QY - £325,000

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

2 BANNOCK ROAD is a midsized extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £325,000 in October 2020, which was around 8% below the average October 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

2 BANNOCK ROAD Sold Prices

Land registry data shows five sales for 2 BANNOCK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 2 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
2020 5 OCT	£325,000	£352,278	8% below HPI
2015 19 AUG	£267,000	£279,826	5% below HPI
2013 21 JUN	£237,000	£249,351	5% below HPI
2010 14 JAN	£215,000	£251,088	14% below HPI
1998 3 JUL	£79,000	£88,381	11% below HPI

2 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 five 2 BANNOCK ROAD sales between July 1998 and October 2020 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 August 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 BANNOCK ROAD?

2 BANNOCK ROAD is 86m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses by size in Whitwell, and where 2 BANNOCK ROAD lies on this distribution: 47% of detached houses are smaller than 2 BANNOCK ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

2 BANNOCK ROAD: Plot and Title Map

2 BANNOCK ROAD sits on a plot of roughly 0.181 of an acre, or 732m². The below map shows the location of 2 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 2 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 2 BANNOCK ROAD?

2 BANNOCK ROAD is located in WHITWELL, in the PO38 postcode district. The below map shows the position of No. 2 on BANNOCK ROAD.