HIGHCROFT, SANDROCK ROAD, NITON UNDERCLIFF, VENTNOR, PO38 2NQ - £625,000

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

HIGHCROFT is a midsized extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £625,000 in November 2023, which was around 49% above the average November 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.

HIGHCROFT Sold Prices

Land registry data shows four sales for HIGHCROFT 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 HIGHCROFT 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
2023 24 NOV	£625,000	£419,588	49% above HPI
2021 12 MAR	£460,000	£364,254	26% above HPI
2006 27 OCT	£349,000	£251,447	39% above HPI
1996 15 MAR	£85,000	£71,164	19% above HPI

HIGHCROFT 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 HIGHCROFT sales between March 1996 and November 2023 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 2021 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2023 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is HIGHCROFT?

HIGHCROFT is 107m², which includes one extension, according to the EPC inspection conducted in March 2023. 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 HIGHCROFT lies on this distribution: 58% of detached houses are smaller than HIGHCROFT, and 42% of houses are larger. Note that EPC data is not available for all properties in Niton.

HIGHCROFT: Plot and Title Map

HIGHCROFT sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of HIGHCROFT, 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 HIGHCROFT). 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 HIGHCROFT?

HIGHCROFT is located on SANDROCK ROAD in NITON UNDERCLIFF, in the PO38 postcode district. The below map shows the position of HIGHCROFT on SANDROCK ROAD.