55 Merrie Gardens, Lake, Sandown, PO36 9QN is a freehold detached property built between 1976-1982. The property offers approximately 732 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £272,146 , which equates to approximately £372 per square foot. It was last sold on 9 Jun 2014 for £185,000. Since then, the value has increased by £87,146, representing a 47.1% increase, or approximately 4.1% per year.

The current estimated value of £272,146 is:

  • 9.5% lower than the average property price on Merrie Gardens
  • 14.5% lower than the average in the PO36 9QN postcode area
  • and 7.4% higher than the average price for Sandown as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 19 October 2016, the property was recorded as owner-occupied.

View sold house prices in PO36 9QN

Building approximate location

About Property

Type
Detached Bungalow
Built
1976-1982
Interior Size
732 sq ft
Tenure
Freehold
Price (estimate)
£272,146
Price Per sq ft (estimate)
£372
Bedroom Count (estimate)
2 bedrooms

EPC Summary

55 Merrie Gardens, Lake, Sandown, Isle Of Wight, PO36 9QN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 Oct 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Jun 2013. The rating of D is unchanged, though the energy efficiency score decreased by 1.6%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from good to average.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 56% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to PO36 9QN

21 st / 27
Price Rank
15% lower than average
11 th / 19
Size Rank
12% smaller than average
13 th / 19
Price Per Sq FT Rank
3% lower than average

Compared to other properties in PO36 9QN , this bungalow's estimated value ranks 21th out of 27. Based on price per square foot, it ranks 13th out of 19 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 11th out of 19 properties in its postcode area.

Sale History

Today
£272,146
streetscan.co.uk estimate
+47 %
9 Jun 2014
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 764 sq ft
sale price: £195,000
sale date: 23 Oct 2018
rooms: 4
size: 807 sq ft
sale price: £225,000
sale date: 9 Jun 2014
rooms: 4
size: 710 sq ft
sale price: £178,000
sale date: 21 Jun 2010
rooms: 4
size: 700 sq ft
sale price: £295,950
sale date: 20 May 2022
rooms: 4
size: 764 sq ft
sale price: £269,950
sale date: 19 Aug 2019

Data Sources

The property at 55 Merrie Gardens, Lake, Sandown, Isle Of Wight, PO36 9QN appears once in the Land Registry records, with the transaction recorded on 9 Jun 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Oct 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.