5, GLEN APPROACH, NITON, VENTNOR, PO38 2BL - £208,500

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

5 GLEN APPROACH is a very small extended detached house of 68m², built sometime between 1950 and 1966. It was last sold for £208,500 in June 2017, which was around 31% below the average June 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was B.

5 GLEN APPROACH Sold Prices

Land registry data shows two sales for 5 GLEN APPROACH 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 5 GLEN APPROACH 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
2017 21 JUN	£208,500	£301,002	31% below HPI
2015 25 JUN	£182,500	£274,143	33% below HPI

5 GLEN APPROACH 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 5 GLEN APPROACH sales from June 2015 and June 2017 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 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 GLEN APPROACH?

5 GLEN APPROACH is 68m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% 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 GLEN APPROACH lies on this distribution: 14% of detached houses are smaller than 5 GLEN APPROACH, and 86% of houses are larger. Note that EPC data is not available for all properties in Niton.

5 GLEN APPROACH: Plot and Title Map

5 GLEN APPROACH sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 5 GLEN APPROACH, 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 GLEN APPROACH). 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 GLEN APPROACH?

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