53, GILLS CLIFF ROAD, VENTNOR, PO38 1AD - £175,000

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

53 GILLS CLIFF ROAD is a small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £175,000 in February 2020, which was around 47% below the average February 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2014, where the current energy rating was G, and the potential energy rating was E.

53 GILLS CLIFF ROAD Sold Prices

Land registry data shows two sales for 53 GILLS CLIFF 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 53 GILLS CLIFF 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
2020 17 FEB	£175,000	£331,201	47% below HPI
2014 9 OCT	£120,000	£271,407	56% below HPI

53 GILLS CLIFF 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 53 GILLS CLIFF ROAD sales from October 2014 and February 2020 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 2014 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the February 2020 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 53 GILLS CLIFF ROAD?

53 GILLS CLIFF ROAD is 100m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where 53 GILLS CLIFF ROAD lies on this distribution: 29% of detached houses are smaller than 53 GILLS CLIFF ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

53 GILLS CLIFF ROAD: Plot and Title Map

53 GILLS CLIFF ROAD sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 53 GILLS CLIFF 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 53 GILLS CLIFF 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 53 GILLS CLIFF ROAD?

53 GILLS CLIFF ROAD is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 53 on GILLS CLIFF ROAD.