ORMLYTH, NITON ROAD, ROOKLEY, VENTNOR, PO38 3NU - £250,000

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.

ORMLYTH is a midsized semi-detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £414,453. It was last sold for £250,000 in November 2010, which was around 45% above the average November 2010 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2010, where the current energy rating was E, and the potential energy rating was E.

ORMLYTH Sold Prices

Land registry data shows two sales for ORMLYTH 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 ORMLYTH 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
2010 19 NOV	£250,000	£172,016	45% above HPI
2001 12 APR	£130,000	£83,216	56% above HPI

ORMLYTH 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 ORMLYTH sales from April 2001 and November 2010 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 April 2001 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the November 2010 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might ORMLYTH be worth now?

ORMLYTH might now be worth an estimated £414,453.

This is based on house price inflation of 65.8%, between November 2010 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 65.8% inflationary increase is applied to the most recent sale price for ORMLYTH of £250,000 on 19th November 2010. For the value to have increased from £250,000 to £414,453 over the fifteen years and nine months to February 2025, the following assumptions must hold true:

• The value of ORMLYTH has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The November 2010 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of ORMLYTH has not materially changed since November 2010.

How Large is ORMLYTH?

ORMLYTH is 103m² according to the EPC inspection conducted in May 2010. This puts it in the largest 50% 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 ORMLYTH lies on this distribution: 52% of semi-detached houses houses are smaller than ORMLYTH, and 48% of houses are larger. Note that EPC data is not available for all properties in Rookley.

ORMLYTH: Plot and Title Map

ORMLYTH sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of ORMLYTH, 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 ORMLYTH). 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 ORMLYTH?

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