PAX, RECTORY ROAD, NITON, VENTNOR, PO38 2AU - £280,000

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

PAX is a midsized semi-detached house of 103m², built sometime between 1900 and 1929. It was last sold for £280,000 in January 2022, which was around 32% below the average January 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

PAX Sold Prices

Land registry data shows three sales for PAX 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. All of the three PAX sales were for 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
2022 24 JAN	£280,000	£409,621	32% below HPI
2008 11 JUL	£245,000	£267,443	8% below HPI
1996 13 DEC	£59,000	£71,213	17% below HPI

PAX 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 PAX sales between December 1996 and January 2022 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 July 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the January 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is PAX?

PAX is 103m² according to the EPC inspection conducted in October 2021. This puts it in the largest 50% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where PAX lies on this distribution: 53% of detached houses are smaller than PAX, and 46% of houses are larger. Note that EPC data is not available for all properties in Niton.

PAX: Plot and Title Map

PAX sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of PAX, 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 PAX). 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 PAX?

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