LAKESIDE, NEWPORT ROAD, APSE HEATH, SANDOWN, PO36 0LS - £227,500

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

LAKESIDE is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £227,500 in September 2011, which was around 8% below the average September 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

LAKESIDE Sold Prices

Land registry data shows three sales for LAKESIDE 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 LAKESIDE 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
2011 6 SEP	£227,500	£246,994	8% below HPI
2006 19 JUL	£215,000	£247,337	13% below HPI
2002 2 SEP	£153,000	£175,887	13% below HPI

LAKESIDE 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 LAKESIDE sales between September 2002 and September 2011 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 July 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2011 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is LAKESIDE?

LAKESIDE is 58m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% 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 LAKESIDE lies on this distribution: 13% of detached houses are smaller than LAKESIDE, and 87% of houses are larger. Note that EPC data is not available for all properties in Apse Heath.

LAKESIDE: Plot and Title Map

LAKESIDE sits on a plot of roughly 0.185 of an acre, or 747m². The below map shows the location of LAKESIDE, 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 LAKESIDE). 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 LAKESIDE?

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