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
27 ARALUEN WAY is a small detached house of 68m², built sometime between 1930 and 1949. It was last sold for £250,000 in April 2019, which was around 23% below the average April 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 27 ARALUEN WAY 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. All of the three 27 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 |
---|---|---|---|
2019 5 APR | £250,000 | £325,120 | 23% below HPI |
2016 24 MAR | £162,500 | £289,611 | 44% below HPI |
1996 8 MAR | £50,000 | £71,164 | 30% below 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 27 ARALUEN WAY sales between March 1996 and April 2019 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 March 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the April 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
27 ARALUEN WAY is 68m² according to the EPC inspection conducted in July 2015. 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 27 ARALUEN WAY lies on this distribution: 23% of detached houses are smaller than 27 ARALUEN WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Sandown.
27 ARALUEN WAY sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 27 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 27 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.
27 ARALUEN WAY is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 27 on ARALUEN WAY.