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

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.

UNDERWOOD is a large detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £422,024. It was last sold for £330,000 in April 2019, which was around 4% 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	£318,343	4% above HPI
1996 21 OCT	£115,000	£69,530	65% 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 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the April 2019 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might UNDERWOOD be worth now?

UNDERWOOD might now be worth an estimated £422,024.

This is based on house price inflation of 27.9%, between April 2019 and February 2025, for 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 27.9% inflationary increase is applied to the most recent sale price for UNDERWOOD of £330,000 on 17th April 2019. For the value to have increased from £330,000 to £422,024 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of UNDERWOOD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2019 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of UNDERWOOD has not materially changed since April 2019.

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 houses in Niton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Niton, and where UNDERWOOD lies on this distribution: 66% of detached houses houses are smaller than UNDERWOOD, and 34% 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.