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 MACROCARPA ROAD is a midsized extended detached house of 127m², built sometime between 1991 and 1995. It was last sold for £500,000 in December 2011, which was around 97% above the average December 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 5 MACROCARPA ROAD since 1st 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 5 MACROCARPA ROAD 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 |
---|---|---|---|
2011 19 DEC | £500,000 | £253,640 | 97% above HPI |
2006 12 DEC | £385,000 | £253,266 | 52% above HPI |
1995 8 SEP | £110,500 | £69,544 | 59% above HPI |
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 5 MACROCARPA ROAD sales between September 1995 and December 2011 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 December 2006 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the December 2011 sale, where it rises to 97% above the HPI. The line then continues to track at 97% above the HPI.
5 MACROCARPA ROAD is 127m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where 5 MACROCARPA ROAD lies on this distribution: 55% of detached houses are smaller than 5 MACROCARPA ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Ventnor.
5 MACROCARPA ROAD sits on a plot of roughly 0.330 of an acre, or 1,337m². The below map shows the location of 5 MACROCARPA 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 5 MACROCARPA 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.
5 MACROCARPA ROAD is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 5 on MACROCARPA ROAD.