56, BANNOCK ROAD, WHITWELL, VENTNOR, PO38 2RD - £265,000

56 BANNOCK ROAD is a very large detached house of 143m², built sometime between 1967 and 1975. It was last sold for £265,000 in February 2020, which was around 20% below the average February 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was C.

56 BANNOCK ROAD Sold Prices

Land registry data shows two sales for 56 BANNOCK ROAD 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 56 BANNOCK ROAD 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
2020 6 FEB	£265,000	£331,201	20% below HPI
1998 3 JUL	£87,500	£88,381	1% below HPI

56 BANNOCK ROAD 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 56 BANNOCK ROAD sales from July 1998 and February 2020 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 July 1998 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 56 BANNOCK ROAD?

56 BANNOCK ROAD is 143m² according to the EPC inspection conducted in November 2019. This puts it in the largest 20% of detached houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses by size in Whitwell, and where 56 BANNOCK ROAD lies on this distribution: 84% of detached houses are smaller than 56 BANNOCK ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

56 BANNOCK ROAD: Plot and Title Map

56 BANNOCK ROAD sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 56 BANNOCK ROAD, 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 56 BANNOCK ROAD). 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 56 BANNOCK ROAD?

56 BANNOCK ROAD is located in WHITWELL, in the PO38 postcode district. The below map shows the position of No. 56 on BANNOCK ROAD.