2, PEROWNE WAY, SANDOWN, PO36 9BX - £229,950

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 PEROWNE WAY is a small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £229,950 in November 2016, which was around 21% below the average November 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

2 PEROWNE WAY Sold Prices

Land registry data shows two sales for 2 PEROWNE WAY 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 PEROWNE WAY 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
2016 25 NOV	£229,950	£290,578	21% below HPI
2014 18 JUN	£165,000	£271,939	39% below HPI

2 PEROWNE WAY 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 PEROWNE WAY sales from June 2014 and November 2016 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 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2016 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 PEROWNE WAY?

2 PEROWNE WAY is 68m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 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 PEROWNE WAY lies on this distribution: 23% of detached houses are smaller than 2 PEROWNE WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Sandown.

2 PEROWNE WAY: Plot and Title Map

2 PEROWNE WAY sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 2 PEROWNE WAY, 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 PEROWNE WAY). 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 PEROWNE WAY?

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