PETIT TOR, STEEPHILL ROAD, VENTNOR, PO38 1UF - £159,950

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

PETIT TOR is a very small extended detached house of 46m², built sometime between 1930 and 1949. It was last sold for £159,950 in October 1999, which was around 52% above the average October 1999 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

PETIT TOR Sold Prices

Land registry data shows three sales for PETIT TOR 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 PETIT TOR 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
1999 19 OCT	£159,950	£105,421	52% above HPI
1999 14 JAN	£145,000	£93,730	55% above HPI
1997 12 AUG	£115,000	£79,983	44% above HPI

PETIT TOR 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 PETIT TOR sales between August 1997 and October 1999 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 1999 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the October 1999 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is PETIT TOR?

PETIT TOR is 46m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where PETIT TOR lies on this distribution: Less than 1% of detached houses are smaller than PETIT TOR, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

PETIT TOR: Plot and Title Map

PETIT TOR sits on a plot of roughly 0.465 of an acre, or 1,882m². The below map shows the location of PETIT TOR, 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 PETIT TOR). 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 PETIT TOR?

PETIT TOR is located on STEEPHILL ROAD in VENTNOR, in the PO38 postcode district. The below map shows the position of PETIT TOR on STEEPHILL ROAD.