42, BANNOCK ROAD, WHITWELL, VENTNOR, PO38 2RD - £230,000

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

42 BANNOCK ROAD is a small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £230,000 in March 2018, which was around 25% below the average March 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2017, where the current energy rating was F, and the potential energy rating was D.

42 BANNOCK ROAD Sold Prices

Land registry data shows two sales for 42 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 42 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
2018 1 MAR	£230,000	£306,446	25% below HPI
1998 12 NOV	£77,000	£95,045	19% below HPI

42 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 42 BANNOCK ROAD sales from November 1998 and March 2018 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 November 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 42 BANNOCK ROAD?

42 BANNOCK ROAD is 82m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 40% of detached houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses by size in Whitwell, and where 42 BANNOCK ROAD lies on this distribution: 39% of detached houses are smaller than 42 BANNOCK ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

42 BANNOCK ROAD: Plot and Title Map

42 BANNOCK ROAD sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 42 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 42 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 42 BANNOCK ROAD?

42 BANNOCK ROAD is located in WHITWELL, in the PO38 postcode district. The below map shows the position of No. 42 on BANNOCK ROAD.