THE FIRS, UNDERCLIFF DRIVE, VENTNOR, PO38 1XX - £440,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE FIRS is a large extended detached house of 152m², built sometime between 1900 and 1929. It was last sold for £440,000 in September 2006, which was around 75% above the average September 2006 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was C.

THE FIRS Sold Prices

Land registry data shows two sales for THE FIRS 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 THE FIRS 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
2006 28 SEP	£440,000	£250,916	75% above HPI
1998 27 NOV	£135,500	£95,045	43% above HPI

THE FIRS 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 THE FIRS sales from November 1998 and September 2006 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 November 1998 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2006 sale, where it rises to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is THE FIRS?

THE FIRS is 152m², which includes three extensions, according to the EPC inspection conducted in June 2024. 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 THE FIRS lies on this distribution: 72% of detached houses are smaller than THE FIRS, and 28% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

THE FIRS: Plot and Title Map

THE FIRS sits on a plot of roughly 0.340 of an acre, or 1,376m². The below map shows the location of THE FIRS, 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 THE FIRS). 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 THE FIRS?

THE FIRS is located on UNDERCLIFF DRIVE in VENTNOR, in the PO38 postcode district. The below map shows the position of THE FIRS on UNDERCLIFF DRIVE.