Flat 2, Lyncroft, 4 Spring Gardens, Ventnor, PO38 1QX is a leasehold flat built between 1900-1929. The property offers approximately 732 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £141,130 , which equates to approximately £193 per square foot. It was last sold on 3 Dec 2012 for £100,000. Since then, the value has increased by £41,130, representing a 41.1% increase, or approximately 3.2% per year.

The current estimated value of £141,130 is:

  • 28.3% lower than the average property price on Spring Gardens
  • 36.4% lower than the average in the PO38 1QX postcode area
  • and 52.7% 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 2 August 2023, the property was recorded as owner-occupied.

View sold house prices in PO38 1QX

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£141,130
Price Per sq ft (estimate)
£193
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, Lyncroft, 4 Spring Gardens, Ventnor, Isle Of Wight, PO38 1QX has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 2 Aug 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 Nov 2009, when the property was rated G. Since then, the rating has improved to D, with the energy efficiency score increasing by 1000%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from no system present: electric heaters assumed to boiler and radiators, mains gas, improving energy efficiency from very poor to good.
  • The hot water system was changed from no system present: electric immersion assumed to from main system, with its energy efficiency improving from very poor to good.
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 8% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO38 1QX

11 th / 17
Price Rank
36% lower than average
10 th / 12
Size Rank
28% smaller than average
5 th / 12
Price Per Sq FT Rank
11% lower than average

Compared to other properties in PO38 1QX , this flat's estimated value ranks 11th out of 17. Based on price per square foot, it ranks 5th out of 12 properties. In terms of size, this home ranks 10th out of 12 properties in its postcode area.

Sale History

Today
£141,130
streetscan.co.uk estimate
+41 %
3 Dec 2012
£100,000
Leasehold
+25.1 %
24 Jan 2003
£79,950
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 926 sq ft
sale price: £179,500
sale date: 15 Feb 2024
rooms: 4
size: 861 sq ft
sale price: £155,000
sale date: 15 Jul 2022
rooms: 2
size: 484 sq ft
sale price: £125,000
sale date: 23 May 2022
rooms: 5
size: 926 sq ft
sale price: £175,000
sale date: 25 Feb 2022
rooms: 4
size: 969 sq ft
sale price: £99,000
sale date: 10 Oct 2003

Data Sources

The property at Flat 2, Lyncroft, 4 Spring Gardens, Ventnor, PO38 1QX appears two times in the Land Registry records, with the latest transaction recorded on 3 Dec 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Aug 2023. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.