BAY TREE HOUSE, MELVILLE STREET, SANDOWN, PO36 9DP - £400,000

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

BAY TREE HOUSE is a very large detached house of 158m². It was last sold for £400,000 in January 2018, which was around 31% above the average January 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was B.

BAY TREE HOUSE Sold Prices

Land registry data shows two sales for BAY TREE HOUSE 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 BAY TREE HOUSE 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
2018 12 JAN	£400,000	£305,686	31% above HPI
2015 10 DEC	£365,000	£286,657	27% above HPI

BAY TREE HOUSE 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 BAY TREE HOUSE sales from December 2015 and January 2018 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 December 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2018 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is BAY TREE HOUSE?

BAY TREE HOUSE is 158m² according to the EPC inspection conducted in October 2015. This puts it in the largest 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 BAY TREE HOUSE lies on this distribution: 89% of detached houses are smaller than BAY TREE HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Sandown.

BAY TREE HOUSE: Plot and Title Map

BAY TREE HOUSE sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of BAY TREE HOUSE, 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 BAY TREE HOUSE). 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 BAY TREE HOUSE?

BAY TREE HOUSE is located on MELVILLE STREET in SANDOWN, in the PO36 postcode district. The below map shows the position of BAY TREE HOUSE on MELVILLE STREET.