ASPENS, NEWPORT ROAD, APSE HEATH, SANDOWN, PO36 0LS - £323,000

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

ASPENS is a large detached house of 107m², built sometime between 1996 and 2002. It was last sold for £323,000 in October 2017, which was around 5% above the average October 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2024, where the current energy rating was B, and the potential energy rating was A.

ASPENS Sold Prices

Land registry data shows three sales for ASPENS 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. Two of the three ASPENS sales were for above the average price, whilst one was 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
2017 30 OCT	£323,000	£308,033	5% above HPI
2009 4 JUN	£215,000	£235,237	9% below HPI
1996 18 SEP	£95,000	£71,831	32% above HPI

ASPENS 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 ASPENS sales between September 1996 and October 2017 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 2009 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2017 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is ASPENS?

ASPENS is 107m² according to the EPC inspection conducted in May 2024. This puts it in the largest 40% of detached houses in Apse Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Apse Heath, and where ASPENS lies on this distribution: 63% of detached houses are smaller than ASPENS, and 32% of houses are larger. Note that EPC data is not available for all properties in Apse Heath.

ASPENS: Plot and Title Map

ASPENS sits on a plot of roughly 0.312 of an acre, or 1,262m². The below map shows the location of ASPENS, 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 ASPENS). 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 ASPENS?

ASPENS is located on NEWPORT ROAD in APSE HEATH, in the PO36 postcode district. The below map shows the position of ASPENS on NEWPORT ROAD.