PARKLANDS, OLD PARK ROAD, VENTNOR, PO38 1XR - £745,000

PARKLANDS is a very large extended detached house of 200m², built sometime between 1976 and 1982. It was last sold for £745,000 in June 2018, which was around 139% above the average June 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was D.

PARKLANDS Sold Prices

Land registry data shows two sales for PARKLANDS 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. Both of the two PARKLANDS 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
2018 5 JUN	£745,000	£311,374	139% above HPI
2004 16 JAN	£420,000	£209,766	100% above HPI

PARKLANDS 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 PARKLANDS sales from January 2004 and June 2018 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 2004 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the June 2018 sale, where it rises to 139% above the HPI. The line then continues to track at 139% above the HPI.

How Large is PARKLANDS?

PARKLANDS is 200m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where PARKLANDS lies on this distribution: 87% of detached houses are smaller than PARKLANDS, and 13% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

PARKLANDS: Plot and Title Map

PARKLANDS sits on a plot of roughly 1.0 acres, or 4,047m². The below map shows the location of PARKLANDS, 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 PARKLANDS). 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 PARKLANDS?

PARKLANDS is located on OLD PARK ROAD in VENTNOR, in the PO38 postcode district. The below map shows the position of PARKLANDS on OLD PARK ROAD.