15, SANDY LANE, SHANKLIN, PO37 7DT - £295,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 SANDY LANE is a midsized detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £499,745. It was last sold for £295,000 in October 2009, which was around 23% above the average October 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2009, where the current energy rating was D, and the potential energy rating was C.

15 SANDY LANE Sold Prices

Land registry data shows three sales for 15 SANDY LANE 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 15 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
2009 14 OCT	£295,000	£240,321	23% above HPI
2007 13 JUN	£349,950	£254,418	38% above HPI
2004 7 JUL	£228,000	£219,930	4% above HPI

15 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 three 15 SANDY LANE sales between July 2004 and October 2009 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 2007 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2009 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 15 SANDY LANE be worth now?

15 SANDY LANE might now be worth an estimated £499,745.

This is based on house price inflation of 69.4%, between October 2009 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.4% inflationary increase is applied to the most recent sale price for 15 SANDY LANE of £295,000 on 14th October 2009. For the value to have increased from £295,000 to £499,745 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 SANDY LANE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2009 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SANDY LANE has not materially changed since October 2009.

How Large is 15 SANDY LANE?

15 SANDY LANE is 106m² according to the EPC inspection conducted in January 2009. This puts it in the largest 50% of detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shanklin, and where 15 SANDY LANE lies on this distribution: 51% of detached houses houses are smaller than 15 SANDY LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

15 SANDY LANE: Plot and Title Map

15 SANDY LANE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 15 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 15 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 15 SANDY LANE?

15 SANDY LANE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 15 on SANDY LANE.