48, FOREST WAY, WINFORD, SANDOWN, PO36 0JW - £260,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

48 FOREST WAY is a large extended detached house of 115m², built sometime between 1983 and 1990. It was last sold for £260,000 in January 2019, which was around 20% below the average January 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2018, where the current energy rating was B, and the potential energy rating was B.

48 FOREST WAY Sold Prices

Land registry data shows two sales for 48 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 48 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
2019 25 JAN	£260,000	£326,544	20% below HPI
1999 22 SEP	£90,000	£103,136	13% below HPI

48 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 48 FOREST WAY sales from September 1999 and January 2019 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 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 48 FOREST WAY?

48 FOREST WAY is 115m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses in Winford, based on EPC data. The below chart shows the distribution of detached houses by size in Winford, and where 48 FOREST WAY lies on this distribution: 67% of detached houses are smaller than 48 FOREST WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Winford.

48 FOREST WAY: Plot and Title Map

48 FOREST WAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 48 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 48 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 48 FOREST WAY?

48 FOREST WAY is located in WINFORD, in the PO36 postcode district. The below map shows the position of No. 48 on FOREST WAY.