8, JUBILEE CLOSE, GODSHILL, VENTNOR, PO38 3HD - £315,000

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

8 JUBILEE CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £315,000 in February 2019, which was around 3% below the average February 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

8 JUBILEE CLOSE Sold Prices

Land registry data shows two sales for 8 JUBILEE CLOSE 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 8 JUBILEE 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
2019 8 FEB	£315,000	£325,651	3% below HPI
2014 22 JUL	£196,000	£267,928	27% below HPI

8 JUBILEE 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 two 8 JUBILEE CLOSE sales from July 2014 and February 2019 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 July 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 8 JUBILEE CLOSE?

8 JUBILEE CLOSE is 75m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses in Godshill, based on EPC data. The below chart shows the distribution of detached houses by size in Godshill, and where 8 JUBILEE CLOSE lies on this distribution: 15% of detached houses are smaller than 8 JUBILEE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Godshill.

8 JUBILEE CLOSE: Plot and Title Map

8 JUBILEE CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 8 JUBILEE 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 8 JUBILEE 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 8 JUBILEE CLOSE?

8 JUBILEE CLOSE is located in GODSHILL, in the PO38 postcode district. The below map shows the position of No. 8 on JUBILEE CLOSE.