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
6 ARALUEN WAY is a very small detached house of 65m², built sometime between 1950 and 1966. It was last sold for £210,000 in August 2017, which was around 31% below the average August 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 6 ARALUEN WAY since 1st 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 6 ARALUEN 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 |
---|---|---|---|
2017 17 AUG | £210,000 | £303,260 | 31% below HPI |
2014 24 FEB | £175,000 | £259,038 | 32% below HPI |
1997 17 OCT | £65,000 | £82,804 | 22% below HPI |
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 6 ARALUEN WAY sales between October 1997 and August 2017 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 February 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
6 ARALUEN WAY is 65m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 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 6 ARALUEN WAY lies on this distribution: 18% of detached houses are smaller than 6 ARALUEN WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Sandown.
6 ARALUEN WAY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 6 ARALUEN 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 6 ARALUEN 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.
6 ARALUEN WAY is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 6 on ARALUEN WAY.