2, ELMBANK GARDENS, SANDOWN, PO36 9SA - £300,000

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

2 ELMBANK GARDENS is a large detached house of 110m², built sometime between 2003 and 2006. It was last sold for £300,000 in December 2013, which was around 15% above the average December 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was B.

2 ELMBANK GARDENS Sold Prices

Land registry data shows two sales for 2 ELMBANK GARDENS 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 ELMBANK GARDENS 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
2013 18 DEC	£300,000	£259,966	15% above HPI
2000 23 OCT	£180,000	£127,735	41% above HPI

2 ELMBANK GARDENS 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 ELMBANK GARDENS sales from October 2000 and December 2013 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 October 2000 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2013 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 2 ELMBANK GARDENS?

2 ELMBANK GARDENS is 110m² according to the EPC inspection conducted in July 2023. This puts it in the largest 30% 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 ELMBANK GARDENS lies on this distribution: 72% of detached houses are smaller than 2 ELMBANK GARDENS, and 28% of houses are larger. Note that EPC data is not available for all properties in Sandown.

2 ELMBANK GARDENS: Plot and Title Map

2 ELMBANK GARDENS sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 2 ELMBANK GARDENS, 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 ELMBANK GARDENS). 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 ELMBANK GARDENS?

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