2, HOME FARM CLOSE, SANDOWN, PO36 9QF - £167,500

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.

2 HOME FARM CLOSE is a very small extended semi-detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £275,508. It was last sold for £167,500 in August 2010, which was around 3% below the average August 2010 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

2 HOME FARM CLOSE Sold Prices

Land registry data shows two sales for 2 HOME FARM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. One of the two 2 HOME FARM CLOSE sales was for below the average price, whilst the other 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
2010 9 AUG	£167,500	£173,374	3% below HPI
1995 18 DEC	£55,113	£45,360	22% above HPI

2 HOME FARM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The two 2 HOME FARM CLOSE sales from December 1995 and August 2010 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 December 1995 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2010 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 2 HOME FARM CLOSE be worth now?

2 HOME FARM CLOSE might now be worth an estimated £275,508.

This is based on house price inflation of 64.5%, between August 2010 and February 2025, for semi-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 64.5% inflationary increase is applied to the most recent sale price for 2 HOME FARM CLOSE of £167,500 on 9th August 2010. For the value to have increased from £167,500 to £275,508 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 HOME FARM CLOSE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The August 2010 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 2 HOME FARM CLOSE has not materially changed since August 2010.

How Large is 2 HOME FARM CLOSE?

2 HOME FARM CLOSE is 65m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of semi-detached houses houses in Sandown, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sandown, and where 2 HOME FARM CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 2 HOME FARM CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Sandown.

2 HOME FARM CLOSE: Plot and Title Map

2 HOME FARM CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 2 HOME FARM CLOSE, 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 HOME FARM CLOSE). 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 HOME FARM CLOSE?

2 HOME FARM CLOSE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 2 on HOME FARM CLOSE.