74, MERRIE GARDENS, SANDOWN, PO36 9QS - £134,000

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

74 MERRIE GARDENS is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £134,000 in May 2002, which was around 15% below the average May 2002 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

74 MERRIE GARDENS Sold Prices

Land registry data shows three sales for 74 MERRIE GARDENS 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 74 MERRIE GARDENS 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
2002 30 MAY	£134,000	£158,527	15% below HPI
1997 22 AUG	£69,000	£79,983	14% below HPI
1995 12 JUL	£66,000	£68,479	4% below HPI

74 MERRIE 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 three 74 MERRIE GARDENS sales between July 1995 and May 2002 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 August 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2002 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 74 MERRIE GARDENS?

74 MERRIE GARDENS is 64m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 74 MERRIE GARDENS lies on this distribution: 16% of detached houses are smaller than 74 MERRIE GARDENS, and 83% of houses are larger. Note that EPC data is not available for all properties in Sandown.

74 MERRIE GARDENS: Plot and Title Map

74 MERRIE GARDENS sits on a plot of roughly 0.147 of an acre, or 594m². The below map shows the location of 74 MERRIE 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 74 MERRIE 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 74 MERRIE GARDENS?

74 MERRIE GARDENS is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 74 on MERRIE GARDENS.