PANORAMA, ALVERSTONE ROAD, APSE HEATH, SANDOWN, PO36 0LH - £125,000

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

PANORAMA is a large detached house of 112m², built sometime between 1996 and 2002. It was last sold for £125,000 in December 2014, which was around 54% below the average December 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was C.

PANORAMA Sold Prices

Land registry data shows two sales for PANORAMA 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 PANORAMA 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
2014 29 DEC	£125,000	£269,910	54% below HPI
2001 6 SEP	£60,000	£143,407	58% below HPI

PANORAMA 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 PANORAMA sales from September 2001 and December 2014 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 2001 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the December 2014 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is PANORAMA?

PANORAMA is 112m² according to the EPC inspection conducted in July 2024. This puts it in the largest 40% of detached houses in Winford, based on EPC data. The below chart shows the distribution of detached houses by size in Winford, and where PANORAMA lies on this distribution: 63% of detached houses are smaller than PANORAMA, and 36% of houses are larger. Note that EPC data is not available for all properties in Winford.

PANORAMA: Plot and Title Map

PANORAMA sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of PANORAMA, 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 PANORAMA). 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 PANORAMA?

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