5 Verlands Close, Niton, Ventnor, PO38 2BG is a freehold detached property built between 1967-1975. The property offers approximately 1,055 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £252,672 , which equates to approximately £240 per square foot. It was last sold on 13 Oct 2016 for £182,000. Since then, the value has increased by £70,672, representing a 38.8% increase, or approximately 4.2% per year.

The current estimated value of £252,672 is:

  • 15.5% lower than the average property price on Verlands Close
  • 16.1% lower than the average in the PO38 2BG postcode area
  • and 15.4% lower than the average price for Ventnor as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 May 2021, the property was recorded as owner-occupied.

View sold house prices in PO38 2BG

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
1055 sq ft
Tenure
Freehold
Price (estimate)
£252,672
Price Per sq ft (estimate)
£240
Bedroom Count (estimate)
3 bedrooms

EPC Summary

5 Verlands Close, Niton, Ventnor, Isle Of Wight, PO38 2BG has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 27 May 2021.

This property uses a bottled LPG boiler with radiators as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Dec 2018. The rating of F is unchanged, though the energy efficiency score decreased by 6.3%.

Since the previous assessment, several changes were observed:

  • The heating system changed from boiler and radiators, lpg to boiler and radiators, bottled lpg, with no change in energy efficiency (very poor).
  • The hot water system changed from from main system to from main system, no cylinder thermostat, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The wall construction or insulation changed from cavity wall, with internal insulation to timber frame, as built, partial insulation (assumed), changing energy efficiency from very good to average.
Heating Type
Boiler and radiators, bottled LPG
Very Poor
Hot Water
From main system, no cylinder thermostat
Very Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Timber frame, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO38 2BG

21 st / 22
Price Rank
16% lower than average
1 st / 15
Size Rank
44% bigger than average
15 th / 15
Price Per Sq FT Rank
42% lower than average

Compared to other properties in PO38 2BG , this bungalow's estimated value ranks 21th out of 22. Based on price per square foot, it ranks 15th out of 15 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 15 properties in its postcode area.

Sale History

Today
£252,672
streetscan.co.uk estimate
+39 %
13 Oct 2016
£182,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 732 sq ft
sale price: £225,000
sale date: 11 Nov 2020
rooms: 3
size: 592 sq ft
sale price: £215,000
sale date: 23 Apr 2019
rooms: 4
size: 592 sq ft
sale price: £225,000
sale date: 25 Sep 2020
rooms: 3
size: 700 sq ft
sale price: £185,000
sale date: 15 Dec 2016
rooms: 3
size: 710 sq ft
sale price: £250,000
sale date: 31 Jan 2020

Data Sources

The property at 5 Verlands Close, Niton, Ventnor, Isle Of Wight, PO38 2BG appears once in the Land Registry records, with the transaction recorded on 13 Oct 2016. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 27 May 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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