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 LINNET RISE is a midsized detached house of 88m², built sometime between 1991 and 1995. It was last sold for £220,000 in February 2010, which was around 12% below the average February 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 LINNET RISE since 1st 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. Two of the three 2 LINNET RISE sales were for below the average price, whilst one 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 3 FEB | £220,000 | £248,727 | 12% below HPI |
2001 12 DEC | £143,000 | £152,206 | 6% below HPI |
1995 10 NOV | £73,500 | £68,411 | 7% above HPI |
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 2 LINNET RISE sales between November 1995 and February 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 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2010 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
2 LINNET RISE is 88m² according to the EPC inspection conducted in May 2009. This puts it in the largest 50% 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 LINNET RISE lies on this distribution: 54% of detached houses are smaller than 2 LINNET RISE, and 46% of houses are larger. Note that EPC data is not available for all properties in Sandown.
2 LINNET RISE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 LINNET RISE, 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 LINNET RISE). 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.
2 LINNET RISE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 2 on LINNET RISE.