DOMUS, BELGRAVE ROAD, VENTNOR, PO38 1JZ - £250,000

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.

DOMUS is a very small extended terraced house of 69m², built sometime between 1900 and 1929, which could now be worth an estimated £275,492. It was last sold for £250,000 in July 2021, which was around 29% above the average July 2021 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was C.

DOMUS Sold Prices

Land registry data shows five sales for DOMUS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. Most of the five DOMUS 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
2021 28 JUL	£250,000	£194,211	29% above HPI
2009 31 JUL	£175,000	£130,056	35% above HPI
2007 31 OCT	£180,000	£150,560	20% above HPI
2002 1 NOV	£122,500	£86,268	42% above HPI
2001 20 JUL	£54,000	£66,939	19% below HPI

DOMUS 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 five DOMUS sales between July 2001 and July 2021 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 2009 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might DOMUS be worth now?

DOMUS might now be worth an estimated £275,492.

This is based on house price inflation of 10.2%, between July 2021 and July 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 10.2% inflationary increase is applied to the most recent sale price for DOMUS of £250,000 on 28th July 2021. For the value to have increased from £250,000 to £275,492 over the four years to July 2025, the following assumptions must hold true:

• The value of DOMUS has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The July 2021 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of DOMUS has not materially changed since July 2021.

How Large is DOMUS?

DOMUS is 69m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% 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 DOMUS lies on this distribution: 6% of terraced houses houses are smaller than DOMUS, and 93% of houses are larger. Note that EPC data is not available for all properties in Ventnor.

DOMUS: Plot and Title Map

DOMUS sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of DOMUS, 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 DOMUS). 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 DOMUS?

DOMUS is located on BELGRAVE ROAD in VENTNOR, in the PO38 postcode district. The below map shows the position of DOMUS on BELGRAVE ROAD.