SANDALWOOD, GRAVEL PIT ROAD, WOOTTON BRIDGE, RYDE, PO33 4RB - £450,000

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

SANDALWOOD is a midsized extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £450,000 in September 2022, which was around 5% above the average September 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was A.

SANDALWOOD Sold Prices

Land registry data shows two sales for SANDALWOOD 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. One of the two SANDALWOOD sales was for above the average price, whilst the other was 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
2022 20 SEP	£450,000	£426,553	5% above HPI
2015 15 MAY	£260,000	£268,128	3% below 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 two SANDALWOOD sales from May 2015 and September 2022 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 May 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is SANDALWOOD?

SANDALWOOD is 111m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 50% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where SANDALWOOD lies on this distribution: 57% of detached houses are smaller than SANDALWOOD, and 42% of houses are larger. Note that EPC data is not available for all properties in Wootton.

SANDALWOOD: Plot and Title Map

SANDALWOOD sits on a plot of roughly 0.233 of an acre, or 942m². 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 GRAVEL PIT ROAD in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of SANDALWOOD on GRAVEL PIT ROAD.