22, MADEIRA ROAD, VENTNOR, PO38 1QP - £505,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 MADEIRA ROAD is a large extended detached house of 159m², built sometime before 1900, which could now be worth an estimated £528,148. It was last sold for £505,000 in June 2024, which was around 30% above the average June 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was C.

22 MADEIRA ROAD Sold Prices

Land registry data shows four sales for 22 MADEIRA 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. Most of the four 22 MADEIRA 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
2024 13 JUN	£505,000	£389,273	30% above HPI
2019 14 OCT	£427,500	£323,684	32% above HPI
2016 30 MAR	£360,000	£283,574	27% above HPI
2013 26 APR	£218,560	£238,225	8% below HPI

22 MADEIRA 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 22 MADEIRA ROAD sales between April 2013 and June 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 October 2019 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the June 2024 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 22 MADEIRA ROAD be worth now?

22 MADEIRA ROAD might now be worth an estimated £528,148.

This is based on house price inflation of 4.6%, between June 2024 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for 22 MADEIRA ROAD of £505,000 on 13th June 2024. For the value to have increased from £505,000 to £528,148 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 22 MADEIRA ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2024 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MADEIRA ROAD has not materially changed since June 2024.

How Large is 22 MADEIRA ROAD?

22 MADEIRA ROAD is 159m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the largest 30% of detached houses houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ventnor, and where 22 MADEIRA ROAD lies on this distribution: 75% of detached houses houses are smaller than 22 MADEIRA ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

22 MADEIRA ROAD: Plot and Title Map

22 MADEIRA ROAD sits on a plot of roughly 0.177 of an acre, or 717m². The below map shows the location of 22 MADEIRA 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 22 MADEIRA 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 22 MADEIRA ROAD?

22 MADEIRA ROAD is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 22 on MADEIRA ROAD.