COLWELL, NEWPORT ROAD, APSE HEATH, SANDOWN, PO36 0JR - £300,000

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

COLWELL is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £300,000 in September 2021, which was around 19% below the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

COLWELL Sold Prices

Land registry data shows two sales for COLWELL 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 COLWELL 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
2021 28 SEP	£300,000	£372,037	19% below HPI
2020 9 OCT	£225,000	£352,278	36% below HPI

COLWELL 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 COLWELL sales from October 2020 and September 2021 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 October 2020 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is COLWELL?

COLWELL is 56m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% 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 COLWELL lies on this distribution: 8% of detached houses are smaller than COLWELL, and 92% of houses are larger. Note that EPC data is not available for all properties in Apse Heath.

COLWELL: Plot and Title Map

COLWELL sits on a plot of roughly 0.202 of an acre, or 817m². The below map shows the location of COLWELL, 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 COLWELL). 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 COLWELL?

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