7, ELMBANK GARDENS, SANDOWN, PO36 9SA - £450,000

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

7 ELMBANK GARDENS is a very large extended detached house of 185m², built sometime between 1991 and 1995. It was last sold for £450,000 in May 2024, which was around 15% above the average May 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

7 ELMBANK GARDENS Sold Prices

Land registry data shows two sales for 7 ELMBANK GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 7 ELMBANK GARDENS sales were for above 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
2024 7 MAY	£450,000	£391,045	15% above HPI
2002 4 NOV	£215,000	£179,977	19% above HPI

7 ELMBANK GARDENS 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 two 7 ELMBANK GARDENS sales from November 2002 and May 2024 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 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2024 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 7 ELMBANK GARDENS be worth now?

7 ELMBANK GARDENS might now be worth an estimated £461,540.

This is based on house price inflation of 2.6%, between May 2024 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 2.6% inflationary increase is applied to the most recent sale price for 7 ELMBANK GARDENS of £450,000 on 7th May 2024. For the value to have increased from £450,000 to £461,540 over the five months to December 2024, the following assumptions must hold true:

• The value of 7 ELMBANK GARDENS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ELMBANK GARDENS has not materially changed since May 2024.

How Large is 7 ELMBANK GARDENS?

7 ELMBANK GARDENS is 185m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 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 7 ELMBANK GARDENS lies on this distribution: 94% of detached houses houses are smaller than 7 ELMBANK GARDENS, and 6% of houses are larger. Note that EPC data is not available for all properties in Sandown.

7 ELMBANK GARDENS: Plot and Title Map

7 ELMBANK GARDENS sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 7 ELMBANK GARDENS, 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 7 ELMBANK GARDENS). 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 7 ELMBANK GARDENS?

7 ELMBANK GARDENS is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 7 on ELMBANK GARDENS.