12, SANDY LANE, SHANKLIN, PO37 7DT - £275,000

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.

12 SANDY LANE is a large detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £434,403. It was last sold for £275,000 in January 2014, which was around 8% above the average January 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

12 SANDY LANE Sold Prices

Land registry data shows four sales for 12 SANDY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 12 SANDY LANE 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
2014 28 JAN	£275,000	£254,926	8% above HPI
2009 24 FEB	£245,000	£228,073	7% above HPI
1997 9 MAY	£102,000	£74,998	36% above HPI
1995 31 AUG	£90,000	£68,400	32% above HPI

12 SANDY LANE 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 four 12 SANDY LANE sales between August 1995 and January 2014 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 February 2009 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the January 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 12 SANDY LANE be worth now?

12 SANDY LANE might now be worth an estimated £434,403.

This is based on house price inflation of 58%, between January 2014 and March 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 58% inflationary increase is applied to the most recent sale price for 12 SANDY LANE of £275,000 on 28th January 2014. For the value to have increased from £275,000 to £434,403 over the ten years and ten months to March 2025, the following assumptions must hold true:

• The value of 12 SANDY LANE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2014 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SANDY LANE has not materially changed since January 2014.

How Large is 12 SANDY LANE?

12 SANDY LANE is 124m² according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shanklin, and where 12 SANDY LANE lies on this distribution: 63% of detached houses houses are smaller than 12 SANDY LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

12 SANDY LANE: Plot and Title Map

12 SANDY LANE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 12 SANDY LANE, 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 12 SANDY LANE). 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 12 SANDY LANE?

12 SANDY LANE is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 12 on SANDY LANE.