HIGH PINES, MELVILLE STREET, SANDOWN, PO36 9DF - £550,000

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

HIGH PINES is a very large extended detached house of 172m², built sometime between 1976 and 1982. It was last sold for £550,000 in February 2021, which was around 51% above the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

HIGH PINES Sold Prices

Land registry data shows three sales for HIGH PINES 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. All of the three HIGH PINES 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
2021 8 FEB	£550,000	£363,833	51% above HPI
2000 6 OCT	£195,000	£127,735	53% above HPI
1999 22 APR	£159,000	£96,363	65% above HPI

HIGH PINES 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 HIGH PINES sales between April 1999 and February 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 2000 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2021 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is HIGH PINES?

HIGH PINES is 172m², which includes one extension, according to the EPC inspection conducted in September 2020. 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 HIGH PINES lies on this distribution: 91% of detached houses are smaller than HIGH PINES, and 9% of houses are larger. Note that EPC data is not available for all properties in Sandown.

HIGH PINES: Plot and Title Map

HIGH PINES sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of HIGH PINES, 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 HIGH PINES). 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 HIGH PINES?

HIGH PINES is located on MELVILLE STREET in SANDOWN, in the PO36 postcode district. The below map shows the position of HIGH PINES on MELVILLE STREET.