15, NICHOLAS CLOSE, BRADING, SANDOWN, PO36 0BL - £210,000

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

15 NICHOLAS CLOSE is a small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £210,000 in August 2018, which was around 34% below the average August 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

15 NICHOLAS CLOSE Sold Prices

Land registry data shows four sales for 15 NICHOLAS CLOSE 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 15 NICHOLAS CLOSE 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
2018 3 AUG	£210,000	£316,372	34% below HPI
2004 31 AUG	£200,000	£229,466	13% below HPI
2001 28 FEB	£116,500	£131,882	12% below HPI
1996 11 SEP	£68,000	£71,831	5% below HPI

15 NICHOLAS CLOSE 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 15 NICHOLAS CLOSE sales between September 1996 and August 2018 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 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2018 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 15 NICHOLAS CLOSE?

15 NICHOLAS CLOSE is 78m² according to the EPC inspection conducted in September 2014. 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 15 NICHOLAS CLOSE lies on this distribution: 29% of detached houses are smaller than 15 NICHOLAS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Brading.

15 NICHOLAS CLOSE: Plot and Title Map

15 NICHOLAS CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 15 NICHOLAS CLOSE, 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 15 NICHOLAS CLOSE). 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 15 NICHOLAS CLOSE?

15 NICHOLAS CLOSE is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 15 on NICHOLAS CLOSE.