34, PARKWAY, APSE HEATH, SANDOWN, PO36 0LN - £235,000

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

34 PARKWAY is a very small extended detached house of 71m², built sometime between 1983 and 1990. It was last sold for £235,000 in October 2021, which was around 39% below the average October 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

34 PARKWAY Sold Prices

Land registry data shows four sales for 34 PARKWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 34 PARKWAY 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
2021 22 OCT	£235,000	£384,208	39% below HPI
2019 28 JUN	£190,000	£324,760	41% below HPI
2012 18 DEC	£155,000	£247,284	37% below HPI
2005 29 APR	£164,950	£236,958	30% below HPI

34 PARKWAY 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 four 34 PARKWAY sales between April 2005 and October 2021 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 2019 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 34 PARKWAY?

34 PARKWAY is 71m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 10% of detached houses in Winford, based on EPC data. The below chart shows the distribution of detached houses by size in Winford, and where 34 PARKWAY lies on this distribution: 9% of detached houses are smaller than 34 PARKWAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Winford.

34 PARKWAY: Plot and Title Map

34 PARKWAY sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 34 PARKWAY, 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 34 PARKWAY). 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 34 PARKWAY?

34 PARKWAY is located in APSE HEATH, in the PO36 postcode district. The below map shows the position of No. 34 on PARKWAY.