6, THE GREENWAY, NITON, VENTNOR, PO38 2DW - £400,000

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 THE GREENWAY is a small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £400,000 in March 2021, which was around 10% above the average March 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

6 THE GREENWAY Sold Prices

Land registry data shows two sales for 6 THE GREENWAY 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. One of the two 6 THE GREENWAY sales was for above the average price, whilst the other was 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 19 MAR	£400,000	£364,254	10% above HPI
2007 30 MAR	£215,000	£258,789	17% below HPI

6 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 two 6 THE GREENWAY sales from March 2007 and March 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 March 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 6 THE GREENWAY?

6 THE GREENWAY is 79m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 30% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where 6 THE GREENWAY lies on this distribution: 25% of detached houses are smaller than 6 THE GREENWAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Niton.

6 THE GREENWAY: Plot and Title Map

6 THE GREENWAY sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 6 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 6 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 6 THE GREENWAY?

6 THE GREENWAY is located in NITON, in the PO38 postcode district. The below map shows the position of No. 6 on THE GREENWAY.