1, BANKSIDE, SANDOWN ROAD, SANDOWN, PO36 9GZ - £235,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

1 BANKSIDE is a midsized semi-detached house of 90m², built sometime between 1996 and 2002. It was last sold for £235,000 in March 2024, which was around 42% below the average March 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

1 BANKSIDE Sold Prices

Land registry data shows three sales for 1 BANKSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 1 BANKSIDE 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
2024 6 MAR	£235,000	£403,918	42% below HPI
2020 20 MAR	£177,000	£332,519	47% below HPI
2007 25 APR	£168,000	£259,496	35% below HPI

1 BANKSIDE 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 three 1 BANKSIDE sales between April 2007 and March 2024 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 March 2020 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the March 2024 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 1 BANKSIDE?

1 BANKSIDE is 90m² according to the EPC inspection conducted in April 2023. This puts it in the largest 50% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 1 BANKSIDE lies on this distribution: 55% of detached houses are smaller than 1 BANKSIDE, and 44% of houses are larger. Note that EPC data is not available for all properties in Sandown.

1 BANKSIDE: Plot and Title Map

1 BANKSIDE sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 1 BANKSIDE, 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 1 BANKSIDE). 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 1 BANKSIDE?

1 BANKSIDE is located on SANDOWN ROAD in SANDOWN, in the PO36 postcode district. The below map shows the position of 1 BANKSIDE on SANDOWN ROAD.