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

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.

SATIS is a large extended detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £625,488. It was last sold for £465,000 in December 2017, which was around 54% 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	£302,658	54% above HPI
2013 4 SEP	£375,000	£250,543	50% above HPI
1999 19 JUL	£120,000	£96,011	25% 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the December 2017 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might SATIS be worth now?

SATIS might now be worth an estimated £625,488.

This is based on house price inflation of 34.5%, between December 2017 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 34.5% inflationary increase is applied to the most recent sale price for SATIS of £465,000 on 11th December 2017. For the value to have increased from £465,000 to £625,488 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of SATIS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2017 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of SATIS has not materially changed since December 2017.

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 houses in Ventnor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ventnor, and where SATIS lies on this distribution: 70% of detached houses 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 0.470 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.