SATIS, OLD PARK ROAD, VENTNOR, PO38 1XU - £465,000

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

SATIS is a large extended detached house of 150m², built sometime between 1967 and 1975. It was last sold for £465,000 in December 2017, which was around 50% above the average December 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2017, where the current energy rating was G, and the potential energy rating was D.

SATIS Sold Prices

Land registry data shows three sales for SATIS 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 SATIS 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
2017 11 DEC	£465,000	£309,102	50% above HPI
2013 4 SEP	£375,000	£255,877	47% above HPI
1999 19 JUL	£120,000	£98,055	22% above HPI

SATIS 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 SATIS sales between July 1999 and December 2017 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 September 2013 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2017 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is SATIS?

SATIS is 150m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 30% of detached houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses by size in Ventnor, and where SATIS lies on this distribution: 71% of detached houses are smaller than SATIS, and 29% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

SATIS: Plot and Title Map

SATIS sits on a plot of roughly 0.469 of an acre, or 1,900m². The below map shows the location of SATIS, 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 SATIS). 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 SATIS?

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