7, PARK RISE, SANDOWN, PO36 9FJ - £390,000

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 PARK RISE is a very large detached house of 132m², built sometime from 2007 onwards, which could now be worth an estimated £492,956. It was last sold for £390,000 in March 2019, which was around 23% above the average March 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

7 PARK RISE Sold Prices

Land registry data shows two sales for 7 PARK RISE 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 PARK RISE 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
2019 8 MAR	£390,000	£317,307	23% above HPI
2008 14 NOV	£340,000	£246,323	38% above HPI

7 PARK RISE 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 PARK RISE sales from November 2008 and March 2019 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 2008 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2019 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 7 PARK RISE be worth now?

7 PARK RISE might now be worth an estimated £492,956.

This is based on house price inflation of 26.4%, between March 2019 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 26.4% inflationary increase is applied to the most recent sale price for 7 PARK RISE of £390,000 on 8th March 2019. For the value to have increased from £390,000 to £492,956 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of 7 PARK RISE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2019 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PARK RISE has not materially changed since March 2019.

How Large is 7 PARK RISE?

7 PARK RISE is 132m² according to the EPC inspection conducted in January 2012. This puts it in the largest 20% 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 PARK RISE lies on this distribution: 83% of detached houses houses are smaller than 7 PARK RISE, and 17% of houses are larger. Note that EPC data is not available for all properties in Sandown.

7 PARK RISE: Plot and Title Map

7 PARK RISE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 7 PARK RISE, 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 PARK RISE). 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 PARK RISE?

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