21, SPRING HILL, VENTNOR, PO38 1PF - £267,000

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.

21 SPRING HILL is a large extended terraced house of 141m², built sometime before 1900, which could now be worth an estimated £394,364. It was last sold for £267,000 in May 2015, which was around 89% above the average May 2015 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was C.

21 SPRING HILL Sold Prices

Land registry data shows four sales for 21 SPRING HILL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. All of the four 21 SPRING HILL 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
2015 29 MAY	£267,000	£140,938	89% above HPI
2007 14 NOV	£290,000	£151,764	91% above HPI
2000 13 DEC	£95,000	£61,083	56% above HPI
1997 10 DEC	£75,500	£40,700	86% above HPI

21 SPRING HILL Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 21 SPRING HILL sales between December 1997 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 November 2007 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the May 2015 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might 21 SPRING HILL be worth now?

21 SPRING HILL might now be worth an estimated £394,364.

This is based on house price inflation of 47.7%, between May 2015 and June 2025, for terraced 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 47.7% inflationary increase is applied to the most recent sale price for 21 SPRING HILL of £267,000 on 29th May 2015. For the value to have increased from £267,000 to £394,364 over the nine years and eleven months to June 2025, the following assumptions must hold true:

• The value of 21 SPRING HILL has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The May 2015 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 21 SPRING HILL has not materially changed since May 2015.

How Large is 21 SPRING HILL?

21 SPRING HILL is 141m², which includes three extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of terraced houses houses in Ventnor, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ventnor, and where 21 SPRING HILL lies on this distribution: 64% of terraced houses houses are smaller than 21 SPRING HILL, and 35% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

21 SPRING HILL: Plot and Title Map

21 SPRING HILL sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of 21 SPRING HILL, 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 21 SPRING HILL). 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 21 SPRING HILL?

21 SPRING HILL is located in VENTNOR, in the PO38 postcode district. The below map shows the position of No. 21 on SPRING HILL.