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
LITTLE GABLES is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £309,500 in April 2016, which was around 7% above the average April 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for LITTLE GABLES since 1st 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. The three LITTLE GABLES sales were a mix of above the average price, roughly equal to the average price, and 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 |
---|---|---|---|
2016 19 APR | £309,500 | £288,855 | 7% above HPI |
2003 20 JAN | £186,000 | £185,172 | Close to HPI |
2002 17 MAY | £118,000 | £158,527 | 26% below HPI |
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 LITTLE GABLES sales between May 2002 and April 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 January 2003 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2016 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.
LITTLE GABLES is 61m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where LITTLE GABLES lies on this distribution: 5% of detached houses are smaller than LITTLE GABLES, and 95% of houses are larger. Note that EPC data is not available for all properties in Niton.
LITTLE GABLES sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of LITTLE GABLES, 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 LITTLE GABLES). 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.
LITTLE GABLES is located on VENTNOR ROAD in NITON UNDERCLIFF, in the PO38 postcode district. The below map shows the position of LITTLE GABLES on VENTNOR ROAD.