2A, LAKE HILL, SANDOWN, PO36 9HA - £220,000

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

2A LAKE HILL is a midsized extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £220,000 in August 2012, which was around 15% below the average August 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

2A LAKE HILL Sold Prices

Land registry data shows three sales for 2A LAKE HILL since 1^st 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 2A LAKE HILL 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
2012 23 AUG	£220,000	£257,714	15% below HPI
2001 17 SEP	£134,500	£143,407	6% below HPI
1997 8 JAN	£69,000	£72,912	5% below HPI

2A LAKE HILL 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 three 2A LAKE HILL sales between January 1997 and August 2012 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 September 2001 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2012 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2A LAKE HILL?

2A LAKE HILL is 87m², which includes two extensions, according to the EPC inspection conducted in May 2021. 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 2A LAKE HILL lies on this distribution: 52% of detached houses are smaller than 2A LAKE HILL, and 47% of houses are larger. Note that EPC data is not available for all properties in Sandown.

2A LAKE HILL: Plot and Title Map

2A LAKE HILL sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 2A LAKE HILL, 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 2A LAKE HILL). 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 2A LAKE HILL?

2A LAKE HILL is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 2A on LAKE HILL.