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

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

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 40% 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	£417,661	40% below HPI
2007 27 APR	£162,000	£254,087	36% below HPI
2001 26 JAN	£82,950	£131,237	37% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 6 THE RIDGEWAY be worth now?

6 THE RIDGEWAY might now be worth an estimated £240,071.

This is based on house price deflation of 4%, between September 2022 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 4% deflationary decrease is applied to the most recent sale price for 6 THE RIDGEWAY of £250,000 on 23rd September 2022. For the value to have decreased from £250,000 to £240,071 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 6 THE RIDGEWAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE RIDGEWAY has not materially changed since September 2022.

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 houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandown, and where 6 THE RIDGEWAY lies on this distribution: 3% of detached houses 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.