THE NOOK, NEWPORT ROAD, APSE HEATH, SANDOWN, PO36 0LS - £309,950

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 NOOK is a small extended detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £353,797. It was last sold for £309,950 in March 2021, which was around 13% below the average March 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

THE NOOK Sold Prices

Land registry data shows five sales for THE NOOK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five THE NOOK 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
2021 24 MAR	£309,950	£356,661	13% below HPI
2013 19 APR	£212,300	£238,225	11% below HPI
2005 5 AUG	£220,000	£231,093	5% below HPI
2002 29 NOV	£140,000	£179,977	22% below HPI
1997 26 AUG	£74,995	£78,315	4% below HPI

THE NOOK 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 five THE NOOK sales between August 1997 and March 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 April 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might THE NOOK be worth now?

THE NOOK might now be worth an estimated £353,797.

This is based on house price inflation of 14.1%, between March 2021 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 14.1% inflationary increase is applied to the most recent sale price for THE NOOK of £309,950 on 24th March 2021. For the value to have increased from £309,950 to £353,797 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of THE NOOK has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2021 sale price of £309,950 represented a fair market value for the property.
• The size, condition, and specification of THE NOOK has not materially changed since March 2021.

How Large is THE NOOK?

THE NOOK is 74m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 30% of detached houses houses in Apse Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Apse Heath, and where THE NOOK lies on this distribution: 28% of detached houses houses are smaller than THE NOOK, and 72% of houses are larger. Note that EPC data is not available for all properties in Apse Heath.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.190 of an acre, or 769m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

THE NOOK is located on NEWPORT ROAD in APSE HEATH, in the PO36 postcode district. The below map shows the position of THE NOOK on NEWPORT ROAD.