THE HIDEAWAY, GROVE ROAD, VENTNOR, PO38 1TS - £67,500

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.

THE HIDEAWAY is a very small semi-detached house of 49m², built sometime before 1900, which could now be worth an estimated £106,579. It was last sold for £67,500 in May 2015, which was around 63% below the average May 2015 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was A.

THE HIDEAWAY Sold Prices

Land registry data shows three sales for THE HIDEAWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three THE HIDEAWAY sales were 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
2015 21 MAY	£67,500	£180,607	63% below HPI
2002 4 SEP	£43,000	£111,595	61% below HPI
1998 3 MAR	£22,000	£52,716	58% below HPI

THE HIDEAWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three THE HIDEAWAY sales between March 1998 and May 2015 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 2002 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the May 2015 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

What might THE HIDEAWAY be worth now?

THE HIDEAWAY might now be worth an estimated £106,579.

This is based on house price inflation of 57.9%, between May 2015 and February 2025, for semi-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 57.9% inflationary increase is applied to the most recent sale price for THE HIDEAWAY of £67,500 on 21st May 2015. For the value to have increased from £67,500 to £106,579 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of THE HIDEAWAY has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The May 2015 sale price of £67,500 represented a fair market value for the property.
• The size, condition, and specification of THE HIDEAWAY has not materially changed since May 2015.

How Large is THE HIDEAWAY?

THE HIDEAWAY is 49m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of semi-detached houses houses in Ventnor, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ventnor, and where THE HIDEAWAY lies on this distribution: 1% of semi-detached houses houses are smaller than THE HIDEAWAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

THE HIDEAWAY: Plot and Title Map

THE HIDEAWAY sits on a plot of roughly 0.263 of an acre, or 1,063m². The below map shows the location of THE HIDEAWAY, 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 HIDEAWAY). 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 HIDEAWAY?

THE HIDEAWAY is located on GROVE ROAD in VENTNOR, in the PO38 postcode district. The below map shows the position of THE HIDEAWAY on GROVE ROAD.