THE RETREAT, CLIFF ROAD, SANDOWN, PO36 8NR - £480,000

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

THE RETREAT is a very large extended detached house of 136m², built sometime between 1930 and 1949. It was last sold for £480,000 in October 2020, which was around 36% above the average October 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was C.

THE RETREAT Sold Prices

Land registry data shows three sales for THE RETREAT 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 RETREAT 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
2020 30 OCT	£480,000	£352,278	36% above HPI
2015 13 AUG	£390,000	£279,826	39% above HPI
2001 17 APR	£213,000	£131,331	62% above HPI

THE RETREAT 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 RETREAT sales between April 2001 and October 2020 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 August 2015 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the October 2020 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is THE RETREAT?

THE RETREAT is 136m², which includes one extension, according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where THE RETREAT lies on this distribution: 83% of detached houses are smaller than THE RETREAT, and 17% of houses are larger. Note that EPC data is not available for all properties in Sandown.

THE RETREAT: Plot and Title Map

THE RETREAT sits on a plot of roughly 0.261 of an acre, or 1,058m². The below map shows the location of THE RETREAT, 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 RETREAT). 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 RETREAT?

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