24, ALLOTMENT ROAD, NITON, VENTNOR, PO38 2DT - £190,000

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

24 ALLOTMENT ROAD is a very large extended detached house of 172m², built sometime between 1950 and 1966. It was last sold for £190,000 in October 2012, which was around 25% below the average October 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

24 ALLOTMENT ROAD Sold Prices

Land registry data shows two sales for 24 ALLOTMENT ROAD since 1^st 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 24 ALLOTMENT 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
2012 25 OCT	£190,000	£253,026	25% below HPI
2009 26 JAN	£170,000	£239,074	29% below HPI

24 ALLOTMENT 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 two 24 ALLOTMENT ROAD sales from January 2009 and October 2012 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 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2012 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 24 ALLOTMENT ROAD?

24 ALLOTMENT ROAD is 172m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where 24 ALLOTMENT ROAD lies on this distribution: 89% of detached houses are smaller than 24 ALLOTMENT ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Niton.

24 ALLOTMENT ROAD: Plot and Title Map

24 ALLOTMENT ROAD sits on a plot of roughly 0.238 of an acre, or 964m². The below map shows the location of 24 ALLOTMENT 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 24 ALLOTMENT 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 24 ALLOTMENT ROAD?

24 ALLOTMENT ROAD is located in NITON, in the PO38 postcode district. The below map shows the position of No. 24 on ALLOTMENT ROAD.