FERNDOWN, NEWPORT ROAD, APSE HEATH, SANDOWN, PO36 0LS - £475,000

FERNDOWN is a large detached house of 107m², built in 2021. It was last sold for £475,000 in May 2022, which was around 14% above the average May 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2021, where the current energy rating was B, and the potential energy rating was A.

FERNDOWN Sold Prices

Land registry data shows two sales for FERNDOWN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. One of the two FERNDOWN sales was for above the average price, whilst the other was 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
2022 6 MAY	£475,000	£416,662	14% above HPI
2020 28 AUG	£200,000	£339,761	41% below HPI

FERNDOWN 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 two FERNDOWN sales from August 2020 and May 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 August 2020 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is FERNDOWN?

FERNDOWN is 107m² according to the EPC inspection conducted in May 2021. This puts it in the largest 40% 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 FERNDOWN lies on this distribution: 64% of detached houses are smaller than FERNDOWN, and 33% of houses are larger. Note that EPC data is not available for all properties in Apse Heath.

FERNDOWN: Plot and Title Map

FERNDOWN sits on a plot of roughly 0.540 of an acre, or 2,185m². The below map shows the location of FERNDOWN, 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 FERNDOWN). 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 FERNDOWN?

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