55, PEROWNE WAY, SANDOWN, PO36 9BX - £299,950

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

55 PEROWNE WAY is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £299,950 in November 2021, which was around 25% below the average November 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was A.

55 PEROWNE WAY Sold Prices

Land registry data shows four sales for 55 PEROWNE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 55 PEROWNE 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
2021 25 NOV	£299,950	£398,511	25% below HPI
2019 26 APR	£245,000	£325,120	25% below HPI
2018 6 AUG	£190,000	£316,372	40% below HPI
1999 9 JUL	£73,000	£98,055	26% below HPI

55 PEROWNE 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 four 55 PEROWNE WAY sales between July 1999 and November 2021 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 April 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2021 sale, which was also at 25% below the HPI.

How Large is 55 PEROWNE WAY?

55 PEROWNE WAY is 59m² according to the EPC inspection conducted in April 2016. 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 PEROWNE WAY lies on this distribution: 10% of detached houses are smaller than 55 PEROWNE WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Sandown.

55 PEROWNE WAY: Plot and Title Map

55 PEROWNE WAY sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 55 PEROWNE 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 PEROWNE 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 PEROWNE WAY?

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