2, CHERRY SIDE, SANDOWN, PO36 9LU - £340,000

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

2 CHERRY SIDE is a large extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £340,000 in November 2023, which was around 19% below the average November 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2022, where the current energy rating was B, and the potential energy rating was B.

2 CHERRY SIDE Sold Prices

Land registry data shows two sales for 2 CHERRY SIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 2 CHERRY SIDE 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
2023 23 NOV	£340,000	£419,588	19% below HPI
1997 23 MAY	£59,950	£76,595	22% below HPI

2 CHERRY SIDE 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 two 2 CHERRY SIDE sales from May 1997 and November 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 May 1997 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 CHERRY SIDE?

2 CHERRY SIDE is 105m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 2 CHERRY SIDE lies on this distribution: 68% of detached houses are smaller than 2 CHERRY SIDE, and 32% of houses are larger. Note that EPC data is not available for all properties in Sandown.

2 CHERRY SIDE: Plot and Title Map

2 CHERRY SIDE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 2 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 2 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.

Where is 2 CHERRY SIDE?

2 CHERRY SIDE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 2 on CHERRY SIDE.