36, SPRING HILL, VENTNOR, PO38 1PF - £223,000

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

36 SPRING HILL is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £223,000 in October 2015, which was around 22% below the average October 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

36 SPRING HILL Sold Prices

Land registry data shows three sales for 36 SPRING HILL 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 36 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
2015 29 OCT	£223,000	£286,326	22% below HPI
2007 2 MAR	£189,950	£258,789	27% below HPI
1996 4 APR	£43,000	£69,083	38% below HPI

36 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 three 36 SPRING HILL sales between April 1996 and October 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 March 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 36 SPRING HILL?

36 SPRING HILL is 74m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where 36 SPRING HILL lies on this distribution: 9% of detached houses are smaller than 36 SPRING HILL, and 91% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

36 SPRING HILL: Plot and Title Map

36 SPRING HILL sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 36 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 36 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 36 SPRING HILL?

36 SPRING HILL is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 36 on SPRING HILL.