HIGHWAYS, NEWPORT ROAD, APSE HEATH, SANDOWN, PO36 0LS - £310,000

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

HIGHWAYS is a small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £310,000 in May 2019, which was around 4% below the average May 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

HIGHWAYS Sold Prices

Land registry data shows four sales for HIGHWAYS since 1^st 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. The four HIGHWAYS sales were a mix of below the average price, and roughly equal to 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
2019 31 MAY	£310,000	£322,742	4% below HPI
2015 18 SEP	£279,500	£284,054	2% below HPI
2013 26 SEP	£255,000	£255,877	Close to HPI
2009 22 JUN	£210,000	£235,237	11% below HPI

HIGHWAYS 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 four HIGHWAYS sales between June 2009 and May 2019 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 September 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2019 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is HIGHWAYS?

HIGHWAYS is 83m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 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 HIGHWAYS lies on this distribution: 39% of detached houses are smaller than HIGHWAYS, and 58% of houses are larger. Note that EPC data is not available for all properties in Apse Heath.

HIGHWAYS: Plot and Title Map

HIGHWAYS sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of HIGHWAYS, 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 HIGHWAYS). 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 HIGHWAYS?

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