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 UNDERCLIFF GARDENS is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £400,000 in July 2024, which was around 2% below the average July 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 UNDERCLIFF GARDENS 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. One of the two 2 UNDERCLIFF GARDENS sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2024 3 JUL | £400,000 | £409,508 | 2% below HPI |
1996 18 JUL | £88,500 | £70,164 | 26% 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 UNDERCLIFF GARDENS sales from July 1996 and July 2024 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 July 1996 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
2 UNDERCLIFF GARDENS is 90m² according to the EPC inspection conducted in January 2022. 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 UNDERCLIFF GARDENS lies on this distribution: 22% of detached houses are smaller than 2 UNDERCLIFF GARDENS, and 78% of houses are larger. Note that EPC data is not available for all properties in Ventnor.
2 UNDERCLIFF GARDENS sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 2 UNDERCLIFF GARDENS, 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 UNDERCLIFF GARDENS). 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 UNDERCLIFF GARDENS is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 2 on UNDERCLIFF GARDENS.