HOLLY BANK, CHURCH STREET, NITON, VENTNOR, PO38 2BS - £293,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

HOLLY BANK is a large semi-detached house of 112m², built sometime between 1930 and 1949. It was last sold for £293,000 in March 2020, which was around 12% below the average March 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

HOLLY BANK Sold Prices

Land registry data shows three sales for HOLLY BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. One of the three HOLLY BANK sales was for below the average price, whilst two 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
2020 24 MAR	£293,000	£332,519	12% below HPI
2010 4 OCT	£275,000	£258,688	6% above HPI
2001 8 OCT	£152,000	£142,646	7% above HPI

HOLLY BANK 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 three HOLLY BANK sales between October 2001 and March 2020 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 October 2010 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is HOLLY BANK?

HOLLY BANK is 112m² according to the EPC inspection conducted in June 2019. This puts it in the largest 40% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where HOLLY BANK lies on this distribution: 62% of detached houses are smaller than HOLLY BANK, and 37% of houses are larger. Note that EPC data is not available for all properties in Niton.

HOLLY BANK: Plot and Title Map

HOLLY BANK sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of HOLLY BANK, 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 HOLLY BANK). 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 HOLLY BANK?

HOLLY BANK is located on CHURCH STREET in NITON, in the PO38 postcode district. The below map shows the position of HOLLY BANK on CHURCH STREET.