14, LOWER FURLONGS, BRADING, SANDOWN, PO36 0DX - £127,000

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

14 LOWER FURLONGS is a small detached house of 74m², built sometime between 1930 and 1949. It was last sold for £127,000 in April 2017, which was around 58% below the average April 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

14 LOWER FURLONGS Sold Prices

Land registry data shows three sales for 14 LOWER FURLONGS 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 14 LOWER FURLONGS sales were 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
2017 18 APR	£127,000	£299,614	58% below HPI
2006 5 MAY	£151,500	£246,285	38% below HPI
1999 29 OCT	£59,500	£105,421	44% below HPI

14 LOWER FURLONGS 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 14 LOWER FURLONGS sales between October 1999 and April 2017 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 May 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2017 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

How Large is 14 LOWER FURLONGS?

14 LOWER FURLONGS is 74m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Brading, based on EPC data. The below chart shows the distribution of detached houses by size in Brading, and where 14 LOWER FURLONGS lies on this distribution: 23% of detached houses are smaller than 14 LOWER FURLONGS, and 76% of houses are larger. Note that EPC data is not available for all properties in Brading.

14 LOWER FURLONGS: Plot and Title Map

14 LOWER FURLONGS sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 14 LOWER FURLONGS, 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 14 LOWER FURLONGS). 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 14 LOWER FURLONGS?

14 LOWER FURLONGS is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 14 on LOWER FURLONGS.