62, PEROWNE WAY, SANDOWN, PO36 9DR - £300,000

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

62 PEROWNE WAY is a small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £300,000 in December 2022, which was around 32% below the average December 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

62 PEROWNE WAY Sold Prices

Land registry data shows three sales for 62 PEROWNE WAY 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 62 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
2022 13 DEC	£300,000	£442,312	32% below HPI
2007 14 NOV	£235,000	£276,229	15% below HPI
2004 13 FEB	£169,950	£208,348	18% below HPI

62 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 three 62 PEROWNE WAY sales between February 2004 and December 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 November 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the December 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 62 PEROWNE WAY?

62 PEROWNE WAY is 70m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 62 PEROWNE WAY lies on this distribution: 28% of detached houses are smaller than 62 PEROWNE WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Sandown.

62 PEROWNE WAY: Plot and Title Map

62 PEROWNE WAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 62 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 62 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 62 PEROWNE WAY?

62 PEROWNE WAY is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 62 on PEROWNE WAY.