THE CHALET, YAVERLAND ROAD, SANDOWN, PO36 8QP - £850,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE CHALET is a very large extended detached house of 152m², built sometime between 1930 and 1949, which could now be worth an estimated £799,019. It was last sold for £850,000 in December 2022, which was around 96% above the average December 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2023, where the current energy rating was E, and the potential energy rating was C.

THE CHALET Sold Prices

Land registry data shows three sales for THE CHALET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three THE CHALET 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
2022 7 DEC	£850,000	£433,092	96% above HPI
2018 2 MAR	£500,000	£300,058	67% above HPI
1998 12 OCT	£155,000	£91,017	70% above HPI

THE CHALET 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 three THE CHALET sales between October 1998 and December 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 March 2018 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the December 2022 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

What might THE CHALET be worth now?

THE CHALET might now be worth an estimated £799,019.

This is based on house price deflation of 6%, between December 2022 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6% deflationary decrease is applied to the most recent sale price for THE CHALET of £850,000 on 7th December 2022. For the value to have decreased from £850,000 to £799,019 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of THE CHALET has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2022 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of THE CHALET has not materially changed since December 2022.

How Large is THE CHALET?

THE CHALET is 152m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 20% of detached houses houses in Yaverland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yaverland, and where THE CHALET lies on this distribution: 82% of detached houses houses are smaller than THE CHALET, and 18% of houses are larger. Note that EPC data is not available for all properties in Yaverland.

THE CHALET: Plot and Title Map

THE CHALET sits on a plot of roughly 0.355 of an acre, or 1,437m². The below map shows the location of THE CHALET, 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 THE CHALET). 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 THE CHALET?

THE CHALET is located on YAVERLAND ROAD in SANDOWN, in the PO36 postcode district. The below map shows the position of THE CHALET on YAVERLAND ROAD.