SUMMERHILL, BARRACK SHUTE, NITON, VENTNOR, PO38 2BE - £394,950

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.

SUMMERHILL is a midsized semi-detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £436,952. It was last sold for £394,950 in February 2021, which was around 61% above the average February 2021 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

SUMMERHILL Sold Prices

Land registry data shows three sales for SUMMERHILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three SUMMERHILL 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 4 FEB	£394,950	£244,817	61% above HPI
2013 6 DEC	£270,000	£176,301	53% above HPI
1996 6 DEC	£68,000	£45,872	48% above HPI

SUMMERHILL 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 three SUMMERHILL sales between December 1996 and February 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 December 2013 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2021 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might SUMMERHILL be worth now?

SUMMERHILL might now be worth an estimated £436,952.

This is based on house price inflation of 10.6%, between February 2021 and June 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 10.6% inflationary increase is applied to the most recent sale price for SUMMERHILL of £394,950 on 4th February 2021. For the value to have increased from £394,950 to £436,952 over the three years and eight months to June 2025, the following assumptions must hold true:

• The value of SUMMERHILL has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The February 2021 sale price of £394,950 represented a fair market value for the property.
• The size, condition, and specification of SUMMERHILL has not materially changed since February 2021.

How Large is SUMMERHILL?

SUMMERHILL is 94m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 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 SUMMERHILL lies on this distribution: 46% of semi-detached houses houses are smaller than SUMMERHILL, and 54% of houses are larger. Note that EPC data is not available for all properties in Niton.

SUMMERHILL: Plot and Title Map

SUMMERHILL sits on a plot of roughly 0.224 of an acre, or 906m². The below map shows the location of SUMMERHILL, 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 SUMMERHILL). 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 SUMMERHILL?

SUMMERHILL is located on BARRACK SHUTE in NITON, in the PO38 postcode district. The below map shows the position of SUMMERHILL on BARRACK SHUTE.