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

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

15 SANDY LANE is a midsized detached house of 106m², built sometime between 1983 and 1990. It was last sold for £295,000 in October 2009, which was around 20% 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	£245,437	20% above HPI
2007 13 JUN	£349,950	£259,835	35% above HPI
2004 7 JUL	£228,000	£224,612	2% 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 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the October 2009 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

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 in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 15 SANDY LANE lies on this distribution: 50% of detached houses are smaller than 15 SANDY LANE, and 50% 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.