Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
11 CHERRY SIDE is a very large extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £406,500 in August 2023, which was around 4% below the average August 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 11 CHERRY SIDE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the four 11 CHERRY SIDE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2023 8 AUG | £406,500 | £421,947 | 4% below HPI |
2013 21 JUN | £250,000 | £249,351 | Close to HPI |
2011 8 NOV | £247,000 | £251,986 | 2% below HPI |
2000 28 JAN | £116,500 | £109,443 | 6% above HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 11 CHERRY SIDE sales between January 2000 and August 2023 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 June 2013 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.
11 CHERRY SIDE is 154m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 20% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 11 CHERRY SIDE lies on this distribution: 88% of detached houses are smaller than 11 CHERRY SIDE, and 12% of houses are larger. Note that EPC data is not available for all properties in Sandown.
11 CHERRY SIDE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 11 CHERRY SIDE, 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 11 CHERRY SIDE). 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.
11 CHERRY SIDE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 11 on CHERRY SIDE.