5, GROVE ROAD, SANDOWN, PO36 9BQ - £392,000

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

5 GROVE ROAD is a very large extended detached house of 144m², built sometime between 1900 and 1929. It was last sold for £392,000 in September 2023, which was around 7% below the average September 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

5 GROVE ROAD Sold Prices

Land registry data shows two sales for 5 GROVE ROAD 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 5 GROVE 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
2023 8 SEP	£392,000	£421,096	7% below HPI
1997 21 JUL	£74,000	£77,911	5% below HPI

5 GROVE 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 two 5 GROVE ROAD sales from July 1997 and September 2023 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 July 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 5 GROVE ROAD?

5 GROVE ROAD is 144m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 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 5 GROVE ROAD lies on this distribution: 86% of detached houses are smaller than 5 GROVE ROAD, and 14% of houses are larger. Note that EPC data is not available for all properties in Sandown.

5 GROVE ROAD: Plot and Title Map

5 GROVE ROAD sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 5 GROVE 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 5 GROVE 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 5 GROVE ROAD?

5 GROVE ROAD is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 5 on GROVE ROAD.