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

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

THE NOOK is a small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £309,950 in March 2021, which was around 15% 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	£364,254	15% below HPI
2013 19 APR	£212,300	£243,296	13% below HPI
2005 5 AUG	£220,000	£236,013	7% below HPI
2002 29 NOV	£140,000	£183,809	24% below HPI
1997 26 AUG	£74,995	£79,983	6% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

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 in Apse Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Apse Heath, and where THE NOOK lies on this distribution: 29% of detached houses are smaller than THE NOOK, and 71% 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.