SANDALWOOD, AFTON ROAD, FRESHWATER, PO40 9TP - £410,000

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

SANDALWOOD is a very large detached house of 166m², built sometime between 1900 and 1929. It was last sold for £410,000 in February 2021, which was around 13% above the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2018, where the current energy rating was E, and the potential energy rating was C.

SANDALWOOD Sold Prices

Land registry data shows four sales for SANDALWOOD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four SANDALWOOD 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 FEB	£410,000	£363,833	13% above HPI
2019 17 OCT	£400,000	£330,575	21% above HPI
2008 8 SEP	£409,800	£255,321	61% above HPI
2002 15 MAR	£220,000	£147,485	49% above HPI

SANDALWOOD 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 four SANDALWOOD sales between March 2002 and February 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 October 2019 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is SANDALWOOD?

SANDALWOOD is 166m² according to the EPC inspection conducted in December 2018. This puts it in the largest 10% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where SANDALWOOD lies on this distribution: 90% of detached houses are smaller than SANDALWOOD, and 9% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

SANDALWOOD: Plot and Title Map

SANDALWOOD sits on a plot of roughly 0.349 of an acre, or 1,412m². The below map shows the location of SANDALWOOD, 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 SANDALWOOD). 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 SANDALWOOD?

SANDALWOOD is located on AFTON ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of SANDALWOOD on AFTON ROAD.