2, PELHAM ROAD, VENTNOR, PO38 1UR - £520,000

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 PELHAM ROAD is a small detached house of 91m², built sometime between 2007 and 2011. It was last sold for £520,000 in August 2023, which was around 23% above the average August 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

2 PELHAM ROAD Sold Prices

Land registry data shows four sales for 2 PELHAM ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 2 PELHAM ROAD 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
2023 22 AUG	£520,000	£422,181	23% above HPI
2003 27 JUN	£233,000	£200,475	16% above HPI
2000 7 JUL	£167,500	£123,462	36% above HPI
1998 12 NOV	£130,000	£95,045	37% above HPI

2 PELHAM 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 four 2 PELHAM ROAD sales between November 1998 and August 2023 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 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 2 PELHAM ROAD?

2 PELHAM ROAD is 91m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 30% 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 PELHAM ROAD lies on this distribution: 23% of detached houses are smaller than 2 PELHAM ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

2 PELHAM ROAD: Plot and Title Map

2 PELHAM ROAD sits on a plot of roughly 0.217 of an acre, or 878m². The below map shows the location of 2 PELHAM 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 PELHAM 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 PELHAM ROAD?

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