31, NEW ROAD, SANDOWN, PO36 9JN - £114,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

31 NEW ROAD is a midsized extended semi-detached house of 90m², built sometime before 1900, which could now be worth an estimated £274,287. It was last sold for £114,500 in February 2003, which was around 4% below the average February 2003 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

31 NEW ROAD Sold Prices

Land registry data shows three sales for 31 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three 31 NEW ROAD sales were for below the average price, whilst one 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
2003 24 FEB	£114,500	£119,043	4% below HPI
2002 30 MAY	£84,950	£101,372	16% below HPI
1996 29 MAY	£48,500	£44,954	8% above HPI

31 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three 31 NEW ROAD sales between May 1996 and February 2003 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 May 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2003 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 31 NEW ROAD be worth now?

31 NEW ROAD might now be worth an estimated £274,287.

This is based on house price inflation of 139.6%, between February 2003 and February 2025, for semi-detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 139.6% inflationary increase is applied to the most recent sale price for 31 NEW ROAD of £114,500 on 24th February 2003. For the value to have increased from £114,500 to £274,287 over the 22 years to February 2025, the following assumptions must hold true:

• The value of 31 NEW ROAD has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The February 2003 sale price of £114,500 represented a fair market value for the property.
• The size, condition, and specification of 31 NEW ROAD has not materially changed since February 2003.

How Large is 31 NEW ROAD?

31 NEW ROAD is 90m², which includes two extensions, according to the EPC inspection conducted in June 2013. This puts it in the largest 50% of semi-detached houses houses in Sandown, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sandown, and where 31 NEW ROAD lies on this distribution: 55% of semi-detached houses houses are smaller than 31 NEW ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Sandown.

31 NEW ROAD: Plot and Title Map

31 NEW ROAD sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 31 NEW 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 31 NEW 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.

Where is 31 NEW ROAD?

31 NEW ROAD is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 31 on NEW ROAD.