1, SANDY LANE, SHANKLIN, PO37 7DT - £312,000

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 SANDY LANE is a large extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £312,000 in June 2014, which was around 15% above the average June 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

1 SANDY LANE Sold Prices

Land registry data shows five sales for 1 SANDY LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 1 SANDY LANE 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
2014 11 JUN	£312,000	£271,939	15% above HPI
2005 22 JUL	£305,000	£232,564	31% above HPI
2002 19 JUL	£208,000	£167,707	24% above HPI
2000 15 AUG	£175,000	£124,724	40% above HPI
1996 2 SEP	£114,000	£71,831	59% above HPI

1 SANDY LANE 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 five 1 SANDY LANE sales between September 1996 and June 2014 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 July 2005 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the June 2014 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 1 SANDY LANE?

1 SANDY LANE is 138m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 30% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 1 SANDY LANE lies on this distribution: 70% of detached houses are smaller than 1 SANDY LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

1 SANDY LANE: Plot and Title Map

1 SANDY LANE sits on a plot of roughly 0.218 of an acre, or 882m². The below map shows the location of 1 SANDY LANE, 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 SANDY LANE). 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 SANDY LANE?

1 SANDY LANE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 1 on SANDY LANE.