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 DEVONSHIRE TERRACE is a very large extended detached house of 233m², built sometime before 1900. It was last sold for £635,000 in April 2019, which was around 95% above the average April 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 2 DEVONSHIRE TERRACE since 1st 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 2 DEVONSHIRE TERRACE sales were for above 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 |
---|---|---|---|
2019 10 APR | £635,000 | £325,120 | 95% above HPI |
2002 12 SEP | £295,000 | £175,887 | 68% above HPI |
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 2 DEVONSHIRE TERRACE sales from September 2002 and April 2019 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 September 2002 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the April 2019 sale, where it rises to 95% above the HPI. The line then continues to track at 95% above the HPI.
2 DEVONSHIRE TERRACE is 233m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the largest 10% 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 DEVONSHIRE TERRACE lies on this distribution: 93% of detached houses are smaller than 2 DEVONSHIRE TERRACE, and 7% of houses are larger. Note that EPC data is not available for all properties in Ventnor.
2 DEVONSHIRE TERRACE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 2 DEVONSHIRE TERRACE, 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 DEVONSHIRE TERRACE). 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.
2 DEVONSHIRE TERRACE is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 2 on DEVONSHIRE TERRACE.