2A, SCHOOL CRESCENT, GODSHILL, VENTNOR, PO38 3HN - £250,000

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.

2A SCHOOL CRESCENT is a large detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £305,938. It was last sold for £250,000 in August 2020, which was around 25% below the average August 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

2A SCHOOL CRESCENT Sold Prices

Land registry data shows three sales for 2A SCHOOL CRESCENT 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 2A SCHOOL CRESCENT 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
2020 20 AUG	£250,000	£332,679	25% below HPI
2007 9 OCT	£225,000	£267,539	16% below HPI
2003 18 FEB	£136,000	£181,623	25% below HPI

2A SCHOOL CRESCENT 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 2A SCHOOL CRESCENT sales between February 2003 and August 2020 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 2007 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2A SCHOOL CRESCENT be worth now?

2A SCHOOL CRESCENT might now be worth an estimated £305,938.

This is based on house price inflation of 22.4%, between August 2020 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 22.4% inflationary increase is applied to the most recent sale price for 2A SCHOOL CRESCENT of £250,000 on 20th August 2020. For the value to have increased from £250,000 to £305,938 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 2A SCHOOL CRESCENT has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2A SCHOOL CRESCENT has not materially changed since August 2020.

How Large is 2A SCHOOL CRESCENT?

2A SCHOOL CRESCENT is 115m² according to the EPC inspection conducted in September 2019. This puts it in the largest 40% of detached houses houses in Godshill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Godshill, and where 2A SCHOOL CRESCENT lies on this distribution: 66% of detached houses houses are smaller than 2A SCHOOL CRESCENT, and 32% of houses are larger. Note that EPC data is not available for all properties in Godshill.

2A SCHOOL CRESCENT: Plot and Title Map

2A SCHOOL CRESCENT sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 2A SCHOOL CRESCENT, 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 2A SCHOOL CRESCENT). 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 2A SCHOOL CRESCENT?

2A SCHOOL CRESCENT is located in GODSHILL, in the PO38 postcode district. The below map shows the position of No. 2A on SCHOOL CRESCENT.