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
47 LAKE GREEN ROAD is a midsized detached house of 81m², built sometime between 1930 and 1949. It was last sold for £220,000 in June 2022, which was around 48% below the average June 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 47 LAKE GREEN ROAD since 1st 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 47 LAKE GREEN ROAD 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 |
---|---|---|---|
2022 24 JUN | £220,000 | £423,043 | 48% below HPI |
2004 23 JAN | £170,000 | £209,766 | 19% below HPI |
1997 6 JUN | £61,700 | £77,449 | 20% below HPI |
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 47 LAKE GREEN ROAD sales between June 1997 and June 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 January 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2022 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
47 LAKE GREEN ROAD is 81m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 50% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 47 LAKE GREEN ROAD lies on this distribution: 44% of detached houses are smaller than 47 LAKE GREEN ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Sandown.
47 LAKE GREEN ROAD sits on a plot of roughly 0.069 of an acre, or 277m². The below map shows the location of 47 LAKE GREEN 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 47 LAKE GREEN 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.
47 LAKE GREEN ROAD is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 47 on LAKE GREEN ROAD.