3, PELHAM ROAD, VENTNOR, PO38 1UR - £470,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 PELHAM ROAD is a very large extended detached house of 177m², built sometime between 1950 and 1966, which could now be worth an estimated £687,961. It was last sold for £470,000 in September 2015, which was around 69% above the average September 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

3 PELHAM ROAD Sold Prices

Land registry data shows two sales for 3 PELHAM 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 3 PELHAM 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
2015 1 SEP	£470,000	£278,133	69% above HPI
2008 17 JAN	£392,000	£262,803	49% above HPI

3 PELHAM 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 3 PELHAM ROAD sales from January 2008 and September 2015 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 2008 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the September 2015 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might 3 PELHAM ROAD be worth now?

3 PELHAM ROAD might now be worth an estimated £687,961.

This is based on house price inflation of 46.4%, between September 2015 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 46.4% inflationary increase is applied to the most recent sale price for 3 PELHAM ROAD of £470,000 on 1st September 2015. For the value to have increased from £470,000 to £687,961 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 PELHAM ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2015 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PELHAM ROAD has not materially changed since September 2015.

How Large is 3 PELHAM ROAD?

3 PELHAM ROAD is 177m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the largest 20% 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 3 PELHAM ROAD lies on this distribution: 82% of detached houses houses are smaller than 3 PELHAM ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

3 PELHAM ROAD: Plot and Title Map

3 PELHAM ROAD sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of 3 PELHAM 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 3 PELHAM 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 3 PELHAM ROAD?

3 PELHAM ROAD is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 3 on PELHAM ROAD.