38, FOREST WAY, WINFORD, SANDOWN, PO36 0JW - £218,000

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

38 FOREST WAY is a very large extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £218,000 in May 2010, which was around 15% below the average May 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

38 FOREST WAY Sold Prices

Land registry data shows two sales for 38 FOREST WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 38 FOREST 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
2010 28 MAY	£218,000	£255,954	15% below HPI
2004 30 JUN	£209,000	£221,074	5% below HPI

38 FOREST WAY 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 two 38 FOREST WAY sales from June 2004 and May 2010 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2010 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 38 FOREST WAY?

38 FOREST WAY is 133m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 20% of detached houses in Winford, based on EPC data. The below chart shows the distribution of detached houses by size in Winford, and where 38 FOREST WAY lies on this distribution: 86% of detached houses are smaller than 38 FOREST WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in Winford.

38 FOREST WAY: Plot and Title Map

38 FOREST WAY sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 38 FOREST 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 38 FOREST 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.

Where is 38 FOREST WAY?

38 FOREST WAY is located in WINFORD, in the PO36 postcode district. The below map shows the position of No. 38 on FOREST WAY.