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
26 GILLS CLIFF ROAD is a small detached house of 108m², built sometime between 1967 and 1975. It was last sold for £440,000 in January 2024, which was around 4% above the average January 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 26 GILLS CLIFF ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The five 26 GILLS CLIFF ROAD sales were a mix of above the average price, roughly equal to the average price, and 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 |
---|---|---|---|
2024 17 JAN | £440,000 | £423,919 | 4% above HPI |
2014 2 JUL | £199,000 | £267,928 | 26% below HPI |
2008 23 OCT | £247,500 | £248,604 | Close to HPI |
2002 24 JUN | £130,000 | £162,028 | 20% below HPI |
1998 26 JUN | £60,000 | £87,069 | 31% below 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 five 26 GILLS CLIFF ROAD sales between June 1998 and January 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 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.
26 GILLS CLIFF ROAD is 108m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 40% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where 26 GILLS CLIFF ROAD lies on this distribution: 36% of detached houses are smaller than 26 GILLS CLIFF ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Ventnor.
26 GILLS CLIFF ROAD sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 26 GILLS CLIFF 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 26 GILLS CLIFF 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.
26 GILLS CLIFF ROAD is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 26 on GILLS CLIFF ROAD.