SILVERSTONE, ALVERSTONE ROAD, APSE HEATH, SANDOWN, PO36 0LH - £230,000

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

SILVERSTONE is a midsized detached house of 104m², built sometime between 1967 and 1975. It was last sold for £230,000 in August 2008, which was around 11% below the average August 2008 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

SILVERSTONE Sold Prices

Land registry data shows two sales for SILVERSTONE 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 SILVERSTONE 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
2008 1 AUG	£230,000	£259,165	11% below HPI
2005 30 SEP	£196,000	£237,558	17% below HPI

SILVERSTONE 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 SILVERSTONE sales from September 2005 and August 2008 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 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2008 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is SILVERSTONE?

SILVERSTONE is 104m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 50% of detached houses in Winford, based on EPC data. The below chart shows the distribution of detached houses by size in Winford, and where SILVERSTONE lies on this distribution: 48% of detached houses are smaller than SILVERSTONE, and 51% of houses are larger. Note that EPC data is not available for all properties in Winford.

SILVERSTONE: Plot and Title Map

SILVERSTONE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of SILVERSTONE, 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 SILVERSTONE). 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 SILVERSTONE?

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