5, DOWNSIDE AVENUE, NITON, VENTNOR, PO38 2DE - £460,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 DOWNSIDE AVENUE is a small detached house of 90m², built sometime between 1930 and 1949. It was last sold for £460,000 in July 2022, which was around 8% above the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

5 DOWNSIDE AVENUE Sold Prices

Land registry data shows five sales for 5 DOWNSIDE AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 5 DOWNSIDE AVENUE 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
2022 26 JUL	£460,000	£424,658	8% above HPI
2004 1 JUN	£222,500	£221,074	1% above HPI
2001 18 DEC	£160,000	£152,206	5% above HPI
2000 30 MAY	£141,000	£116,227	21% above HPI
1995 30 JUN	£83,000	£67,965	22% above HPI

5 DOWNSIDE AVENUE 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 five 5 DOWNSIDE AVENUE sales between June 1995 and July 2022 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 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 5 DOWNSIDE AVENUE?

5 DOWNSIDE AVENUE is 90m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where 5 DOWNSIDE AVENUE lies on this distribution: 39% of detached houses are smaller than 5 DOWNSIDE AVENUE, and 59% of houses are larger. Note that EPC data is not available for all properties in Niton.

5 DOWNSIDE AVENUE: Plot and Title Map

5 DOWNSIDE AVENUE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 5 DOWNSIDE AVENUE, 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 5 DOWNSIDE AVENUE). 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 5 DOWNSIDE AVENUE?

5 DOWNSIDE AVENUE is located in NITON, in the PO38 postcode district. The below map shows the position of No. 5 on DOWNSIDE AVENUE.