44, LAKE HILL, SANDOWN, PO36 9HF - £350,000

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.

44 LAKE HILL is a small semi-detached house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £363,237. It was last sold for £350,000 in March 2022, which was around 28% above the average March 2022 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

44 LAKE HILL Sold Prices

Land registry data shows three sales for 44 LAKE HILL 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 44 LAKE HILL sales were for above the average price, whilst one was 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
2022 28 MAR	£350,000	£273,668	28% above HPI
2006 28 SEP	£200,000	£173,196	15% above HPI
1995 31 OCT	£41,000	£44,940	9% below HPI

44 LAKE HILL 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 44 LAKE HILL sales between October 1995 and March 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 September 2006 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2022 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 44 LAKE HILL be worth now?

44 LAKE HILL might now be worth an estimated £363,237.

This is based on house price inflation of 3.8%, between March 2022 and March 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 3.8% inflationary increase is applied to the most recent sale price for 44 LAKE HILL of £350,000 on 28th March 2022. For the value to have increased from £350,000 to £363,237 over the three years to March 2025, the following assumptions must hold true:

• The value of 44 LAKE HILL has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The March 2022 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 44 LAKE HILL has not materially changed since March 2022.

How Large is 44 LAKE HILL?

44 LAKE HILL is 75m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% 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 44 LAKE HILL lies on this distribution: 36% of semi-detached houses houses are smaller than 44 LAKE HILL, and 63% of houses are larger. Note that EPC data is not available for all properties in Sandown.

44 LAKE HILL: Plot and Title Map

44 LAKE HILL sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 44 LAKE HILL, 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 44 LAKE HILL). 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 44 LAKE HILL?

44 LAKE HILL is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 44 on LAKE HILL.