CEDAR GLEN, VENTNOR ROAD, NITON UNDERCLIFF, VENTNOR, PO38 2LY - £445,000

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

CEDAR GLEN is a midsized extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £445,000 in July 2024, which was around 9% above the average July 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2024, where the current energy rating was E, and the potential energy rating was D.

CEDAR GLEN Sold Prices

Land registry data shows two sales for CEDAR GLEN 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 CEDAR GLEN 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
2024 26 JUL	£445,000	£409,508	9% above HPI
2007 10 AUG	£260,000	£263,269	1% below HPI

CEDAR GLEN 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 CEDAR GLEN sales from August 2007 and July 2024 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 August 2007 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is CEDAR GLEN?

CEDAR GLEN is 100m², which includes one extension, according to the EPC inspection conducted in January 2024. 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 CEDAR GLEN lies on this distribution: 51% of detached houses are smaller than CEDAR GLEN, and 49% of houses are larger. Note that EPC data is not available for all properties in Niton.

CEDAR GLEN: Plot and Title Map

CEDAR GLEN sits on a plot of roughly 0.339 of an acre, or 1,372m². The below map shows the location of CEDAR GLEN, 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 CEDAR GLEN). 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 CEDAR GLEN?

CEDAR GLEN is located on VENTNOR ROAD in NITON UNDERCLIFF, in the PO38 postcode district. The below map shows the position of CEDAR GLEN on VENTNOR ROAD.