HILLCREST, GROVE ROAD, VENTNOR, PO38 1TS - £287,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HILLCREST is a small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £433,051. It was last sold for £287,500 in June 2014, which was around 8% above the average June 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

HILLCREST Sold Prices

Land registry data shows two sales for HILLCREST 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 HILLCREST 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
2014 20 JUN	£287,500	£266,270	8% above HPI
1997 24 JAN	£57,500	£71,392	19% below HPI

HILLCREST 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 HILLCREST sales from January 1997 and June 2014 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 January 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might HILLCREST be worth now?

HILLCREST might now be worth an estimated £433,051.

This is based on house price inflation of 50.6%, between June 2014 and December 2024, 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 50.6% inflationary increase is applied to the most recent sale price for HILLCREST of £287,500 on 20th June 2014. For the value to have increased from £287,500 to £433,051 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of HILLCREST has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2014 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of HILLCREST has not materially changed since June 2014.

How Large is HILLCREST?

HILLCREST is 91m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ventnor, and where HILLCREST lies on this distribution: 23% of detached houses houses are smaller than HILLCREST, and 76% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

HILLCREST: Plot and Title Map

HILLCREST sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of HILLCREST, 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 HILLCREST). 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 HILLCREST?

HILLCREST is located on GROVE ROAD in VENTNOR, in the PO38 postcode district. The below map shows the position of HILLCREST on GROVE ROAD.