24, ARALUEN WAY, SANDOWN, PO36 8PW - £245,000

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

24 ARALUEN WAY is a midsized extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £245,000 in January 2021, which was around 33% below the average January 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

24 ARALUEN WAY Sold Prices

Land registry data shows four sales for 24 ARALUEN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 24 ARALUEN 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
2021 22 JAN	£245,000	£366,659	33% below HPI
2016 28 APR	£210,000	£288,855	27% below HPI
2004 18 NOV	£165,000	£239,480	31% below HPI
2004 10 MAR	£134,000	£210,671	36% below HPI

24 ARALUEN 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 four 24 ARALUEN WAY sales between March 2004 and January 2021 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 April 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 24 ARALUEN WAY?

24 ARALUEN WAY is 85m², which includes one extension, according to the EPC inspection conducted in December 2015. 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 24 ARALUEN WAY lies on this distribution: 50% of detached houses are smaller than 24 ARALUEN WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Sandown.

24 ARALUEN WAY: Plot and Title Map

24 ARALUEN WAY sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 24 ARALUEN 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 24 ARALUEN 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 24 ARALUEN WAY?

24 ARALUEN WAY is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 24 on ARALUEN WAY.