RADSTONE, STEEPHILL ROAD, VENTNOR, PO38 1UF - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

RADSTONE is a large extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £420,000 in February 2016, which was around 46% above the average February 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was A.

RADSTONE Sold Prices

Land registry data shows three sales for RADSTONE 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 RADSTONE 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
2016 18 FEB	£420,000	£287,411	46% above HPI
2012 12 APR	£360,000	£247,199	46% above HPI
1995 12 JUL	£97,000	£68,479	42% above HPI

RADSTONE 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 RADSTONE sales between July 1995 and February 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 April 2012 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the February 2016 sale, which was also at 46% above the HPI.

How Large is RADSTONE?

RADSTONE is 137m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the largest 40% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where RADSTONE lies on this distribution: 62% of detached houses are smaller than RADSTONE, and 38% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

RADSTONE: Plot and Title Map

RADSTONE sits on a plot of roughly 0.253 of an acre, or 1,024m². The below map shows the location of RADSTONE, 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 RADSTONE). 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 RADSTONE?

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