GLENMAY, HIGH STREET, WHITWELL, VENTNOR, PO38 2QQ - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GLENMAY is a midsized detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £457,114. It was last sold for £400,000 in February 2021, which was around 12% above the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2022, where the current energy rating was E, and the potential energy rating was C.

GLENMAY Sold Prices

Land registry data shows four sales for GLENMAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four GLENMAY sales were for above 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 FEB	£400,000	£356,249	12% above HPI
2004 13 FEB	£210,000	£204,005	3% above HPI
2002 11 DEC	£182,000	£180,521	1% above HPI
1997 9 MAY	£79,950	£74,998	7% above HPI

GLENMAY 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 four GLENMAY sales between May 1997 and February 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 February 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might GLENMAY be worth now?

GLENMAY might now be worth an estimated £457,114.

This is based on house price inflation of 14.3%, between February 2021 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.3% inflationary increase is applied to the most recent sale price for GLENMAY of £400,000 on 19th February 2021. For the value to have increased from £400,000 to £457,114 over the four years to February 2025, the following assumptions must hold true:

• The value of GLENMAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of GLENMAY has not materially changed since February 2021.

How Large is GLENMAY?

GLENMAY is 99m² according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitwell, and where GLENMAY lies on this distribution: 60% of detached houses houses are smaller than GLENMAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

GLENMAY: Plot and Title Map

GLENMAY sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of GLENMAY, 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 GLENMAY). 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 GLENMAY?

GLENMAY is located on HIGH STREET in WHITWELL, in the PO38 postcode district. The below map shows the position of GLENMAY on HIGH STREET.