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
97 PEROWNE WAY is a midsized extended detached house of 85m², built sometime between 1967 and 1975. It was last sold for £203,000 in May 2012, which was around 20% below the average May 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 97 PEROWNE WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 97 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 |
---|---|---|---|
2012 17 MAY | £203,000 | £254,049 | 20% below HPI |
2004 21 JUN | £199,950 | £221,074 | 10% below HPI |
2002 24 MAY | £110,000 | £158,527 | 31% below HPI |
1998 6 AUG | £63,000 | £90,144 | 30% below 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 four 97 PEROWNE WAY sales between August 1998 and May 2012 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 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
97 PEROWNE WAY is 85m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the largest 50% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 97 PEROWNE WAY lies on this distribution: 51% of detached houses are smaller than 97 PEROWNE WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Sandown.
97 PEROWNE WAY sits on a plot of roughly 0.119 of an acre, or 484m². The below map shows the location of 97 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 97 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.
97 PEROWNE WAY is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 97 on PEROWNE WAY.