2, ALMA COTTAGES, NEWPORT ROAD, NITON, VENTNOR, PO38 2DF - £59,950

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.

2 ALMA COTTAGES is a midsized extended semi-detached house of 104m², built sometime between 1900 and 1929, which could now be worth an estimated £311,453. It was last sold for £59,950 in May 1998, which was around 9% above the average May 1998 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

2 ALMA COTTAGES Sold Prices

Land registry data shows two sales for 2 ALMA COTTAGES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. One of the two 2 ALMA COTTAGES sales was for above the average price, whilst the other 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
1998 15 MAY	£59,950	£54,891	9% above HPI
1995 31 AUG	£45,000	£45,288	1% below HPI

2 ALMA COTTAGES 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 two 2 ALMA COTTAGES sales from August 1995 and May 1998 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 August 1995 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the May 1998 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 ALMA COTTAGES be worth now?

2 ALMA COTTAGES might now be worth an estimated £311,453.

This is based on house price inflation of 419.5%, between May 1998 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 419.5% inflationary increase is applied to the most recent sale price for 2 ALMA COTTAGES of £59,950 on 15th May 1998. For the value to have increased from £59,950 to £311,453 over the 27 years and three months to February 2025, the following assumptions must hold true:

• The value of 2 ALMA COTTAGES has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The May 1998 sale price of £59,950 represented a fair market value for the property.
• The size, condition, and specification of 2 ALMA COTTAGES has not materially changed since May 1998.

How Large is 2 ALMA COTTAGES?

2 ALMA COTTAGES is 104m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 50% of semi-detached houses houses in Niton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Niton, and where 2 ALMA COTTAGES lies on this distribution: 53% of semi-detached houses houses are smaller than 2 ALMA COTTAGES, and 46% of houses are larger. Note that EPC data is not available for all properties in Niton.

2 ALMA COTTAGES: Plot and Title Map

2 ALMA COTTAGES sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 2 ALMA COTTAGES, 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 2 ALMA COTTAGES). 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 2 ALMA COTTAGES?

2 ALMA COTTAGES is located on NEWPORT ROAD in NITON, in the PO38 postcode district. The below map shows the position of 2 ALMA COTTAGES on NEWPORT ROAD.