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
3 ARALUEN WAY is a very large detached house of 139m², built sometime between 1930 and 1949. It was last sold for £365,000 in November 2023, which was around 13% below the average November 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 3 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 3 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 |
---|---|---|---|
2023 23 NOV | £365,000 | £420,855 | 13% below HPI |
2013 10 OCT | £215,000 | £255,998 | 16% below HPI |
2005 8 MAR | £218,000 | £237,982 | 8% 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 3 ARALUEN WAY sales between March 2005 and November 2023 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 October 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
3 ARALUEN WAY is 139m² according to the EPC inspection conducted in December 2022. This puts it in the largest 20% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 3 ARALUEN WAY lies on this distribution: 84% of detached houses are smaller than 3 ARALUEN WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Sandown.
3 ARALUEN WAY sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 3 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 3 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.
3 ARALUEN WAY is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 3 on ARALUEN WAY.