ORCHARD LEE, NUNWELL STREET, SANDOWN, PO36 9DE - £445,000

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

ORCHARD LEE is a very large extended detached house of 177m², built sometime between 1900 and 1929. It was last sold for £445,000 in December 2021, which was around 11% above the average December 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

ORCHARD LEE Sold Prices

Land registry data shows two sales for ORCHARD LEE 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 ORCHARD LEE 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 15 DEC	£445,000	£402,556	11% above HPI
2016 29 MAR	£295,000	£289,611	2% above HPI

ORCHARD LEE 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 ORCHARD LEE sales from March 2016 and December 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 March 2016 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2021 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is ORCHARD LEE?

ORCHARD LEE is 177m², which includes three extensions, according to the EPC inspection conducted in June 2015. 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 ORCHARD LEE lies on this distribution: 92% of detached houses are smaller than ORCHARD LEE, and 8% of houses are larger. Note that EPC data is not available for all properties in Sandown.

ORCHARD LEE: Plot and Title Map

ORCHARD LEE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of ORCHARD LEE, 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 ORCHARD LEE). 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 ORCHARD LEE?

ORCHARD LEE is located on NUNWELL STREET in SANDOWN, in the PO36 postcode district. The below map shows the position of ORCHARD LEE on NUNWELL STREET.