SUMMERHILL, BARRACK SHUTE, NITON, VENTNOR, PO38 2BE - £394,950

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

SUMMERHILL is a midsized semi-detached house of 94m², built sometime between 1967 and 1975. It was last sold for £394,950 in February 2021, which was around 9% above the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

SUMMERHILL Sold Prices

Land registry data shows three sales for SUMMERHILL 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. Two of the three SUMMERHILL sales were for above the average price, whilst one was for below 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
2021 4 FEB	£394,950	£363,833	9% above HPI
2013 6 DEC	£270,000	£259,966	4% above HPI
1996 6 DEC	£68,000	£71,212	5% below HPI

SUMMERHILL 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 SUMMERHILL sales between December 1996 and February 2021 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 December 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is SUMMERHILL?

SUMMERHILL is 94m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where SUMMERHILL lies on this distribution: 46% of detached houses are smaller than SUMMERHILL, and 54% of houses are larger. Note that EPC data is not available for all properties in Niton.

SUMMERHILL: Plot and Title Map

SUMMERHILL sits on a plot of roughly 0.224 of an acre, or 906m². The below map shows the location of SUMMERHILL, 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 SUMMERHILL). 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 SUMMERHILL?

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