MEADOWBANK, SANDY WAY, SHORWELL, NEWPORT, PO30 3LN - £495,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

MEADOWBANK is a midsized extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £495,000 in January 2024, which was around 18% above the average January 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was B.

MEADOWBANK Sold Prices

Land registry data shows two sales for MEADOWBANK 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 MEADOWBANK 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
2024 16 JAN	£495,000	£421,123	18% above HPI
1995 22 AUG	£89,000	£69,856	27% above HPI

MEADOWBANK 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 MEADOWBANK sales from August 1995 and January 2024 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 August 1995 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the January 2024 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is MEADOWBANK?

MEADOWBANK is 129m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 50% of detached houses in Shorwell, based on EPC data. The below chart shows the distribution of detached houses by size in Shorwell, and where MEADOWBANK lies on this distribution: 59% of detached houses are smaller than MEADOWBANK, and 41% of houses are larger. Note that EPC data is not available for all properties in Shorwell.

MEADOWBANK: Plot and Title Map

MEADOWBANK sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of MEADOWBANK, 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 MEADOWBANK). 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 MEADOWBANK?

MEADOWBANK is located on SANDY WAY in SHORWELL, in the PO30 postcode district. The below map shows the position of MEADOWBANK on SANDY WAY.