5, MORTON MEADOWS, PEROWNE WAY, SANDOWN, PO36 9FQ - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 MORTON MEADOWS is a midsized detached house of 95m², built sometime from 2007 onwards. It was last sold for £350,000 in June 2022, which was around 17% below the average June 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

5 MORTON MEADOWS Sold Prices

Land registry data shows three sales for 5 MORTON MEADOWS 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 5 MORTON MEADOWS 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 27 JUN	£350,000	£423,043	17% below HPI
2013 19 JUL	£215,000	£254,455	16% below HPI
2011 14 OCT	£220,000	£248,879	12% below HPI

5 MORTON MEADOWS 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 5 MORTON MEADOWS sales between October 2011 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 July 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 MORTON MEADOWS?

5 MORTON MEADOWS is 95m² according to the EPC inspection conducted in October 2012. This puts it in the largest 40% 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 MORTON MEADOWS lies on this distribution: 59% of detached houses are smaller than 5 MORTON MEADOWS, and 40% of houses are larger. Note that EPC data is not available for all properties in Sandown.

5 MORTON MEADOWS: Plot and Title Map

5 MORTON MEADOWS sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 5 MORTON MEADOWS, 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 MORTON MEADOWS). 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 MORTON MEADOWS?

5 MORTON MEADOWS is located on PEROWNE WAY in SANDOWN, in the PO36 postcode district. The below map shows the position of 5 MORTON MEADOWS on PEROWNE WAY.