UNDERWOOD, SANDROCK ROAD, NITON UNDERCLIFF, VENTNOR, PO38 2NQ - £330,000

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

UNDERWOOD is a large detached house of 119m², built sometime between 1967 and 1975. It was last sold for £330,000 in April 2019, which was around 2% above the average April 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2019, where the current energy rating was F, and the potential energy rating was C.

UNDERWOOD Sold Prices

Land registry data shows two sales for UNDERWOOD 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 UNDERWOOD 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
2019 17 APR	£330,000	£325,120	2% above HPI
1996 21 OCT	£115,000	£71,010	62% above HPI

UNDERWOOD 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 UNDERWOOD sales from October 1996 and April 2019 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 1996 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the April 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is UNDERWOOD?

UNDERWOOD is 119m² according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where UNDERWOOD lies on this distribution: 67% of detached houses are smaller than UNDERWOOD, and 33% of houses are larger. Note that EPC data is not available for all properties in Niton.

UNDERWOOD: Plot and Title Map

UNDERWOOD sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of UNDERWOOD, 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 UNDERWOOD). 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 UNDERWOOD?

UNDERWOOD is located on SANDROCK ROAD in NITON UNDERCLIFF, in the PO38 postcode district. The below map shows the position of UNDERWOOD on SANDROCK ROAD.