5, THE GREENWAY, NITON, VENTNOR, PO38 2DW - £334,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

5 THE GREENWAY is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £334,500 in February 2021, which was around 8% below the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

5 THE GREENWAY Sold Prices

Land registry data shows three sales for 5 THE GREENWAY since 1^st 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 THE GREENWAY 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
2021 26 FEB	£334,500	£363,833	8% below HPI
2002 16 OCT	£175,000	£178,593	2% below HPI
1999 25 MAY	£87,000	£97,717	11% below HPI

5 THE GREENWAY 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 three 5 THE GREENWAY sales between May 1999 and February 2021 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 October 2002 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the February 2021 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 THE GREENWAY?

5 THE GREENWAY is 106m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 50% 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 THE GREENWAY lies on this distribution: 55% of detached houses are smaller than 5 THE GREENWAY, and 44% of houses are larger. Note that EPC data is not available for all properties in Niton.

5 THE GREENWAY: Plot and Title Map

5 THE GREENWAY sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 5 THE GREENWAY, 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 THE GREENWAY). 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 THE GREENWAY?

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