3, CHERRY SIDE, SANDOWN, PO36 9LU - £240,000

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

3 CHERRY SIDE is a small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £240,000 in November 2019, which was around 27% below the average November 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

3 CHERRY SIDE Sold Prices

Land registry data shows three sales for 3 CHERRY SIDE 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 3 CHERRY SIDE 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 8 NOV	£240,000	£328,737	27% below HPI
2002 14 JUN	£115,000	£162,028	29% below HPI
1997 9 OCT	£65,000	£82,804	22% below HPI

3 CHERRY SIDE 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 3 CHERRY SIDE sales between October 1997 and November 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 June 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2019 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 CHERRY SIDE?

3 CHERRY SIDE is 68m² according to the EPC inspection conducted in January 2019. 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 3 CHERRY SIDE lies on this distribution: 23% of detached houses are smaller than 3 CHERRY SIDE, and 74% of houses are larger. Note that EPC data is not available for all properties in Sandown.

3 CHERRY SIDE: Plot and Title Map

3 CHERRY SIDE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 3 CHERRY SIDE, 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 CHERRY SIDE). 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 3 CHERRY SIDE?

3 CHERRY SIDE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 3 on CHERRY SIDE.