LISBON, HEATH GARDENS, SANDOWN, PO36 8PQ - £300,000

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

LISBON is a midsized detached house of 82m², built sometime between 1967 and 1975. It was last sold for £300,000 in July 2023, which was around 29% below the average July 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

LISBON Sold Prices

Land registry data shows two sales for LISBON 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 LISBON 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
2023 4 JUL	£300,000	£419,943	29% below HPI
1997 31 JAN	£60,000	£72,912	18% below HPI

LISBON 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 LISBON sales from January 1997 and July 2023 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 January 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is LISBON?

LISBON is 82m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 50% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where LISBON lies on this distribution: 45% of detached houses are smaller than LISBON, and 54% of houses are larger. Note that EPC data is not available for all properties in Sandown.

LISBON: Plot and Title Map

LISBON sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of LISBON, 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 LISBON). 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 LISBON?

LISBON is located on HEATH GARDENS in SANDOWN, in the PO36 postcode district. The below map shows the position of LISBON on HEATH GARDENS.