HORNBEAM, NITON ROAD, ROOKLEY, VENTNOR, PO38 3NR - £280,000

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.

HORNBEAM is a large semi-detached house of 122m², built sometime between 2003 and 2006, which could now be worth an estimated £409,866. It was last sold for £280,000 in July 2016, which was around 44% above the average July 2016 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

HORNBEAM Sold Prices

Land registry data shows two sales for HORNBEAM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two HORNBEAM 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
2016 8 JUL	£280,000	£194,814	44% above HPI
2006 15 FEB	£250,000	£162,681	54% above HPI

HORNBEAM Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two HORNBEAM sales from February 2006 and July 2016 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 2006 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2016 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might HORNBEAM be worth now?

HORNBEAM might now be worth an estimated £409,866.

This is based on house price inflation of 46.4%, between July 2016 and February 2025, for semi-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 46.4% inflationary increase is applied to the most recent sale price for HORNBEAM of £280,000 on 8th July 2016. For the value to have increased from £280,000 to £409,866 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of HORNBEAM has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The July 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of HORNBEAM has not materially changed since July 2016.

How Large is HORNBEAM?

HORNBEAM is 122m² according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of semi-detached houses houses in Rookley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rookley, and where HORNBEAM lies on this distribution: 75% of semi-detached houses houses are smaller than HORNBEAM, and 25% of houses are larger. Note that EPC data is not available for all properties in Rookley.

HORNBEAM: Plot and Title Map

HORNBEAM sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of HORNBEAM, 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 HORNBEAM). 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 HORNBEAM?

HORNBEAM is located on NITON ROAD in ROOKLEY, in the PO38 postcode district. The below map shows the position of HORNBEAM on NITON ROAD.