Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 STATION AVENUE is a very large extended detached house of 180m², built sometime between 1983 and 1990. It was last sold for £240,000 in November 2004, which was about the average November 2004 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 STATION AVENUE since 1st 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. The three 8 STATION AVENUE sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2004 1 NOV | £240,000 | £239,480 | Close to HPI |
2003 22 JUN | £150,000 | £200,475 | 25% below HPI |
1998 19 FEB | £105,000 | £82,939 | 27% above HPI |
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 8 STATION AVENUE sales between February 1998 and November 2004 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 June 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2004 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.
8 STATION AVENUE is 180m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 10% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 8 STATION AVENUE lies on this distribution: 93% of detached houses are smaller than 8 STATION AVENUE, and 7% of houses are larger. Note that EPC data is not available for all properties in Sandown.
8 STATION AVENUE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 8 STATION AVENUE, 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 8 STATION AVENUE). 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.
8 STATION AVENUE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 8 on STATION AVENUE.