SUNRISE, NEWPORT ROAD, NITON, VENTNOR, PO38 2DD - £273,000

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

SUNRISE is a large extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £273,000 in October 2007, which was about the average October 2007 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

SUNRISE Sold Prices

Land registry data shows four sales for SUNRISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The four SUNRISE sales were a mix of roughly equal to the average price, above the average price, and 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
2007 19 OCT	£273,000	£273,234	Close to HPI
2003 3 OCT	£185,000	£198,359	7% below HPI
1999 23 DEC	£100,000	£108,185	8% below HPI
1998 29 MAY	£87,000	£85,414	2% above HPI

SUNRISE 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 four SUNRISE sales between May 1998 and October 2007 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 October 2003 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2007 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is SUNRISE?

SUNRISE is 130m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where SUNRISE lies on this distribution: 71% of detached houses are smaller than SUNRISE, and 27% of houses are larger. Note that EPC data is not available for all properties in Niton.

SUNRISE: Plot and Title Map

SUNRISE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of SUNRISE, 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 SUNRISE). 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 SUNRISE?

SUNRISE is located on NEWPORT ROAD in NITON, in the PO38 postcode district. The below map shows the position of SUNRISE on NEWPORT ROAD.