TUDOR LODGE, WHITECROSS LANE, SANDOWN, PO36 9PG - £395,000

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

TUDOR LODGE is a midsized extended detached house of 115m², built sometime between 2003 and 2006. It was last sold for £395,000 in July 2022, which was around 7% below the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

TUDOR LODGE Sold Prices

Land registry data shows three sales for TUDOR LODGE 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. Two of the three TUDOR LODGE sales were for below the average price, whilst one was 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 29 JUL	£395,000	£424,658	7% below HPI
2004 16 NOV	£262,500	£239,480	10% above HPI
2004 8 APR	£210,000	£212,531	1% below HPI

TUDOR LODGE 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 TUDOR LODGE sales between April 2004 and July 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 November 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is TUDOR LODGE?

TUDOR LODGE is 115m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where TUDOR LODGE lies on this distribution: 55% of detached houses are smaller than TUDOR LODGE, and 44% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

TUDOR LODGE: Plot and Title Map

TUDOR LODGE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of TUDOR LODGE, 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 TUDOR LODGE). 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 TUDOR LODGE?

TUDOR LODGE is located on WHITECROSS LANE in SANDOWN, in the PO36 postcode district. The below map shows the position of TUDOR LODGE on WHITECROSS LANE.