55, CENTRAL WAY, SANDOWN, PO36 9DW - £165,000

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

55 CENTRAL WAY is a very small detached house of 50m², built sometime between 1967 and 1975. It was last sold for £165,000 in September 2011, which was around 33% below the average September 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

55 CENTRAL WAY Sold Prices

Land registry data shows two sales for 55 CENTRAL 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 55 CENTRAL 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
2011 22 SEP	£165,000	£246,994	33% below HPI
1998 10 JUL	£50,000	£88,381	43% below HPI

55 CENTRAL 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 55 CENTRAL WAY sales from July 1998 and September 2011 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 1998 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the September 2011 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 55 CENTRAL WAY?

55 CENTRAL WAY is 50m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 55 CENTRAL WAY lies on this distribution: 2% of detached houses are smaller than 55 CENTRAL WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Sandown.

55 CENTRAL WAY: Plot and Title Map

55 CENTRAL WAY sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 55 CENTRAL 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 55 CENTRAL 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 55 CENTRAL WAY?

55 CENTRAL WAY is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 55 on CENTRAL WAY.