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
28 LAKE COMMON ROAD is a large detached house of 102m², built sometime between 1950 and 1966. It was last sold for £399,500 in April 2024, which was about the average April 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 28 LAKE COMMON ROAD since 1st 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. One of the two 28 LAKE COMMON ROAD sales was roughly equal to 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 |
---|---|---|---|
2024 25 APR | £399,500 | £398,623 | Close to HPI |
1999 9 AUG | £115,000 | £99,752 | 15% 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 two 28 LAKE COMMON ROAD sales from August 1999 and April 2024 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 August 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2024 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
28 LAKE COMMON ROAD is 102m² according to the EPC inspection conducted in July 2023. This puts it in the largest 40% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 28 LAKE COMMON ROAD lies on this distribution: 66% of detached houses are smaller than 28 LAKE COMMON ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Sandown.
28 LAKE COMMON ROAD sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 28 LAKE COMMON ROAD, 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 28 LAKE COMMON ROAD). 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.
28 LAKE COMMON ROAD is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 28 on LAKE COMMON ROAD.