THE FOSSILS, SEVEN SISTERS CLOSE, VENTNOR, PO38 1XE - £355,000

THE FOSSILS is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £355,000 in December 2009, which was around 42% above the average December 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

THE FOSSILS Sold Prices

Land registry data shows three sales for THE FOSSILS 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 THE FOSSILS 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
2009 7 DEC	£355,000	£249,306	42% above HPI
2004 1 SEP	£290,000	£229,384	26% above HPI
1997 22 SEP	£78,000	£81,314	4% below HPI

THE FOSSILS 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 THE FOSSILS sales between September 1997 and December 2009 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 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2009 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is THE FOSSILS?

THE FOSSILS is 101m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 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 FOSSILS lies on this distribution: 30% of detached houses are smaller than THE FOSSILS, and 70% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

THE FOSSILS: Plot and Title Map

THE FOSSILS sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of THE FOSSILS, 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 FOSSILS). 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 FOSSILS?

THE FOSSILS is located on SEVEN SISTERS CLOSE in VENTNOR, in the PO38 postcode district. The below map shows the position of THE FOSSILS on SEVEN SISTERS CLOSE.