6, CASTLE CLOSE, VENTNOR, PO38 1UD - £385,000

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

6 CASTLE CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966. It was last sold for £385,000 in November 2022, which was around 13% below the average November 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

6 CASTLE CLOSE Sold Prices

Land registry data shows three sales for 6 CASTLE CLOSE 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 6 CASTLE CLOSE 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
2022 16 NOV	£385,000	£441,602	13% below HPI
2020 21 JAN	£300,000	£331,916	10% below HPI
2006 13 OCT	£208,000	£251,447	17% below HPI

6 CASTLE CLOSE 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 6 CASTLE CLOSE sales between October 2006 and November 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 January 2020 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 6 CASTLE CLOSE?

6 CASTLE CLOSE is 66m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where 6 CASTLE CLOSE lies on this distribution: 4% of detached houses are smaller than 6 CASTLE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

6 CASTLE CLOSE: Plot and Title Map

6 CASTLE CLOSE sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 6 CASTLE CLOSE, 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 6 CASTLE CLOSE). 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 6 CASTLE CLOSE?

6 CASTLE CLOSE is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 6 on CASTLE CLOSE.