21, BANNOCK ROAD, WHITWELL, VENTNOR, PO38 2RD - £387,500

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

21 BANNOCK ROAD is a small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £387,500 in September 2023, which was around 8% below the average September 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

21 BANNOCK ROAD Sold Prices

Land registry data shows three sales for 21 BANNOCK ROAD 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 21 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
2023 5 SEP	£387,500	£421,112	8% below HPI
2023 20 JAN	£260,000	£437,223	41% below HPI
1999 27 JAN	£73,500	£93,730	22% below HPI

21 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 three 21 BANNOCK ROAD sales between January 1999 and September 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 January 2023 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 21 BANNOCK ROAD?

21 BANNOCK ROAD is 79m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 30% of detached houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses by size in Whitwell, and where 21 BANNOCK ROAD lies on this distribution: 24% of detached houses are smaller than 21 BANNOCK ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

21 BANNOCK ROAD: Plot and Title Map

21 BANNOCK ROAD sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 21 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 21 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 21 BANNOCK ROAD?

21 BANNOCK ROAD is located in WHITWELL, in the PO38 postcode district. The below map shows the position of No. 21 on BANNOCK ROAD.