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

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.

36 SPRING HILL is a very small extended detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £323,825. It was last sold for £223,000 in October 2015, which was around 20% 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	£280,358	20% below HPI
2007 2 MAR	£189,950	£253,395	25% below HPI
1996 4 APR	£43,000	£67,642	36% 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 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2015 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 36 SPRING HILL be worth now?

36 SPRING HILL might now be worth an estimated £323,825.

This is based on house price inflation of 45.2%, between October 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 45.2% inflationary increase is applied to the most recent sale price for 36 SPRING HILL of £223,000 on 29th October 2015. For the value to have increased from £223,000 to £323,825 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 36 SPRING HILL has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2015 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 36 SPRING HILL has not materially changed since October 2015.

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 houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ventnor, and where 36 SPRING HILL lies on this distribution: 9% of detached houses 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.