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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 32% 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	£241,846	32% below HPI
1998 10 JUL	£50,000	£86,539	42% 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 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2011 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 55 CENTRAL WAY be worth now?

55 CENTRAL WAY might now be worth an estimated £273,633.

This is based on house price inflation of 65.8%, between September 2011 and December 2024, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.8% inflationary increase is applied to the most recent sale price for 55 CENTRAL WAY of £165,000 on 22nd September 2011. For the value to have increased from £165,000 to £273,633 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 55 CENTRAL WAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2011 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 55 CENTRAL WAY has not materially changed since September 2011.

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 houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandown, and where 55 CENTRAL WAY lies on this distribution: 2% of detached houses 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.