2, CASTLE CLOSE, VENTNOR, PO38 1UD - £249,000

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 CASTLE CLOSE is a midsized extended detached house of 121m², built sometime between 1967 and 1975. It was last sold for £249,000 in December 2010, which was around 3% below the average December 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

2 CASTLE CLOSE Sold Prices

Land registry data shows three sales for 2 CASTLE CLOSE 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 2 CASTLE 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
2010 15 DEC	£249,000	£255,396	3% below HPI
2007 14 JUN	£248,500	£259,835	4% below HPI
1995 13 OCT	£60,000	£69,416	14% below HPI

2 CASTLE 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 three 2 CASTLE CLOSE sales between October 1995 and December 2010 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 June 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2010 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 CASTLE CLOSE?

2 CASTLE CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 50% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where 2 CASTLE CLOSE lies on this distribution: 50% of detached houses are smaller than 2 CASTLE CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

2 CASTLE CLOSE: Plot and Title Map

2 CASTLE CLOSE sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of 2 CASTLE 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 2 CASTLE 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 2 CASTLE CLOSE?

2 CASTLE CLOSE is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 2 on CASTLE CLOSE.