1, CENTRAL WAY, SANDOWN, PO36 9DW - £222,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CENTRAL WAY is a small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £222,500 in July 2019, which was around 30% below the average July 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

1 CENTRAL WAY Sold Prices

Land registry data shows three sales for 1 CENTRAL WAY 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 CENTRAL WAY 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
2019 5 JUL	£222,500	£320,079	30% below HPI
2015 7 OCT	£197,500	£286,326	31% below HPI
1997 24 FEB	£58,000	£72,738	20% below HPI

1 CENTRAL WAY 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 CENTRAL WAY sales between February 1997 and July 2019 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 October 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 CENTRAL WAY?

1 CENTRAL WAY is 70m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% 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 CENTRAL WAY lies on this distribution: 28% of detached houses are smaller than 1 CENTRAL WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Sandown.

1 CENTRAL WAY: Plot and Title Map

1 CENTRAL WAY sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 1 CENTRAL WAY, 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 CENTRAL WAY). 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 CENTRAL WAY?

1 CENTRAL WAY is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 1 on CENTRAL WAY.