40, FOREST ROAD, WINFORD, SANDOWN, PO36 0JY - £429,950

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.

40 FOREST ROAD is a small extended detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £419,095. It was last sold for £429,950 in September 2022, which was around 3% above the average September 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

40 FOREST ROAD Sold Prices

Land registry data shows three sales for 40 FOREST ROAD 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 40 FOREST ROAD sales were 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
2022 1 SEP	£429,950	£417,661	3% above HPI
2006 3 FEB	£275,000	£230,766	19% above HPI
2000 10 OCT	£136,000	£125,073	9% above HPI

40 FOREST ROAD 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 40 FOREST ROAD sales between October 2000 and September 2022 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 February 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 40 FOREST ROAD be worth now?

40 FOREST ROAD might now be worth an estimated £419,095.

This is based on house price deflation of 2.5%, between September 2022 and February 2025, for 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 2.5% deflationary decrease is applied to the most recent sale price for 40 FOREST ROAD of £429,950 on 1st September 2022. For the value to have decreased from £429,950 to £419,095 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 40 FOREST ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2022 sale price of £429,950 represented a fair market value for the property.
• The size, condition, and specification of 40 FOREST ROAD has not materially changed since September 2022.

How Large is 40 FOREST ROAD?

40 FOREST ROAD is 98m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses houses in Winford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Winford, and where 40 FOREST ROAD lies on this distribution: 39% of detached houses houses are smaller than 40 FOREST ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Winford.

40 FOREST ROAD: Plot and Title Map

40 FOREST ROAD sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of 40 FOREST 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 40 FOREST 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 40 FOREST ROAD?

40 FOREST ROAD is located in WINFORD, in the PO36 postcode district. The below map shows the position of No. 40 on FOREST ROAD.