28, SPRING HILL, VENTNOR, PO38 1PF - £185,000

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.

28 SPRING HILL is a small detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £296,742. It was last sold for £185,000 in November 2013, which was around 27% below the average November 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

28 SPRING HILL Sold Prices

Land registry data shows two sales for 28 SPRING HILL 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 28 SPRING HILL 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
2013 29 NOV	£185,000	£253,811	27% below HPI
1995 28 APR	£25,000	£66,440	62% below HPI

28 SPRING HILL 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 28 SPRING HILL sales from April 1995 and November 2013 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 April 1995 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the November 2013 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 28 SPRING HILL be worth now?

28 SPRING HILL might now be worth an estimated £296,742.

This is based on house price inflation of 60.4%, between November 2013 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 60.4% inflationary increase is applied to the most recent sale price for 28 SPRING HILL of £185,000 on 29th November 2013. For the value to have increased from £185,000 to £296,742 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 28 SPRING HILL has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2013 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 28 SPRING HILL has not materially changed since November 2013.

How Large is 28 SPRING HILL?

28 SPRING HILL is 94m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 28 SPRING HILL lies on this distribution: 25% of detached houses houses are smaller than 28 SPRING HILL, and 75% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

28 SPRING HILL: Plot and Title Map

28 SPRING HILL sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 28 SPRING HILL, 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 28 SPRING HILL). 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 28 SPRING HILL?

28 SPRING HILL is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 28 on SPRING HILL.