4, HOME FARM CLOSE, SANDOWN, PO36 9QF - £245,000

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

4 HOME FARM CLOSE is a very small detached house of 62m², built sometime between 1976 and 1982. It was last sold for £245,000 in December 2020, which was around 33% below the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

4 HOME FARM CLOSE Sold Prices

Land registry data shows three sales for 4 HOME FARM CLOSE 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 4 HOME FARM CLOSE 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
2020 16 DEC	£245,000	£368,126	33% below HPI
2019 24 OCT	£205,000	£330,575	38% below HPI
2007 12 OCT	£170,000	£273,234	38% below HPI

4 HOME FARM CLOSE 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 4 HOME FARM CLOSE sales between October 2007 and December 2020 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 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 4 HOME FARM CLOSE?

4 HOME FARM CLOSE is 62m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 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 4 HOME FARM CLOSE lies on this distribution: 12% of detached houses are smaller than 4 HOME FARM CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Sandown.

4 HOME FARM CLOSE: Plot and Title Map

4 HOME FARM CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 4 HOME FARM CLOSE, 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 4 HOME FARM CLOSE). 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 4 HOME FARM CLOSE?

4 HOME FARM CLOSE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 4 on HOME FARM CLOSE.