SALOPIA, BARRACK SHUTE, NITON, VENTNOR, PO38 2BE - £400,000

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.

SALOPIA is a very large extended detached house of 146m², built sometime before 1900, which could now be worth an estimated £531,723. It was last sold for £400,000 in July 2018, which was around 31% above the average July 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was D.

SALOPIA Sold Prices

Land registry data shows two sales for SALOPIA 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 SALOPIA 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 18 JUL	£400,000	£306,262	31% above HPI
2002 30 JUL	£249,950	£164,211	52% above HPI

SALOPIA 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 SALOPIA sales from July 2002 and July 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 July 2002 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the July 2018 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might SALOPIA be worth now?

SALOPIA might now be worth an estimated £531,723.

This is based on house price inflation of 32.9%, between July 2018 and February 2025, for 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 32.9% inflationary increase is applied to the most recent sale price for SALOPIA of £400,000 on 18th July 2018. For the value to have increased from £400,000 to £531,723 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of SALOPIA has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of SALOPIA has not materially changed since July 2018.

How Large is SALOPIA?

SALOPIA is 146m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses houses in Niton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Niton, and where SALOPIA lies on this distribution: 81% of detached houses houses are smaller than SALOPIA, and 19% of houses are larger. Note that EPC data is not available for all properties in Niton.

SALOPIA: Plot and Title Map

SALOPIA sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of SALOPIA, 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 SALOPIA). 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 SALOPIA?

SALOPIA is located on BARRACK SHUTE in NITON, in the PO38 postcode district. The below map shows the position of SALOPIA on BARRACK SHUTE.