38, BANNOCK ROAD, WHITWELL, VENTNOR, PO38 2RD - £197,200

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

38 BANNOCK ROAD is a small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £316,275. It was last sold for £197,200 in December 2010, which was around 21% below the average December 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was E.

38 BANNOCK ROAD Sold Prices

Land registry data shows two sales for 38 BANNOCK 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 38 BANNOCK ROAD 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
2010 21 DEC	£197,200	£250,072	21% below HPI
2001 22 JUN	£125,000	£131,972	5% below HPI

38 BANNOCK 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 38 BANNOCK ROAD sales from June 2001 and December 2010 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 June 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2010 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 38 BANNOCK ROAD be worth now?

38 BANNOCK ROAD might now be worth an estimated £316,275.

This is based on house price inflation of 60.4%, between December 2010 and December 2024, 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 38 BANNOCK ROAD of £197,200 on 21st December 2010. For the value to have increased from £197,200 to £316,275 over the fourteen years to December 2024, the following assumptions must hold true:

• The value of 38 BANNOCK ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2010 sale price of £197,200 represented a fair market value for the property.
• The size, condition, and specification of 38 BANNOCK ROAD has not materially changed since December 2010.

How Large is 38 BANNOCK ROAD?

38 BANNOCK ROAD is 78m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 20% of detached houses houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitwell, and where 38 BANNOCK ROAD lies on this distribution: 20% of detached houses houses are smaller than 38 BANNOCK ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

38 BANNOCK ROAD: Plot and Title Map

38 BANNOCK ROAD sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 38 BANNOCK 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 38 BANNOCK 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 38 BANNOCK ROAD?

38 BANNOCK ROAD is located in WHITWELL, in the PO38 postcode district. The below map shows the position of No. 38 on BANNOCK ROAD.