6, THE RIDGEWAY, SANDOWN, PO36 9DU - £250,000

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

6 THE RIDGEWAY is a very small detached house of 51m², built sometime between 1967 and 1975. It was last sold for £250,000 in September 2022, which was around 41% below the average September 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 D, and the potential energy rating was B.

6 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 6 THE RIDGEWAY 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 6 THE RIDGEWAY 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 23 SEP	£250,000	£426,553	41% below HPI
2007 27 APR	£162,000	£259,496	38% below HPI
2001 26 JAN	£82,950	£134,031	38% below HPI

6 THE RIDGEWAY 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 6 THE RIDGEWAY sales between January 2001 and September 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 April 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 6 THE RIDGEWAY?

6 THE RIDGEWAY is 51m² according to the EPC inspection conducted in October 2012. 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 6 THE RIDGEWAY lies on this distribution: 3% of detached houses are smaller than 6 THE RIDGEWAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Sandown.

6 THE RIDGEWAY: Plot and Title Map

6 THE RIDGEWAY sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 6 THE RIDGEWAY, 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 THE RIDGEWAY). 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 6 THE RIDGEWAY?

6 THE RIDGEWAY is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 6 on THE RIDGEWAY.