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
2 CHIPPS MOOR is a midsized detached house of 102m², built sometime between 1983 and 1990. It was last sold for £422,500 in March 2021, which was around 16% above the average March 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows four sales for 2 CHIPPS MOOR since 1st 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 2 CHIPPS MOOR 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 |
---|---|---|---|
2021 3 MAR | £422,500 | £364,254 | 16% above HPI |
2013 23 APR | £265,000 | £243,296 | 9% above HPI |
2007 30 APR | £285,000 | £259,496 | 10% above HPI |
2003 30 SEP | £200,000 | £198,537 | 1% above HPI |
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 2 CHIPPS MOOR sales between September 2003 and March 2021 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 April 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
2 CHIPPS MOOR is 102m² according to the EPC inspection conducted in January 2019. This puts it in the largest 50% of detached houses in Brighstone, based on EPC data. The below chart shows the distribution of detached houses by size in Brighstone, and where 2 CHIPPS MOOR lies on this distribution: 54% of detached houses are smaller than 2 CHIPPS MOOR, and 44% of houses are larger. Note that EPC data is not available for all properties in Brighstone.
2 CHIPPS MOOR sits on a plot of roughly 0.220 of an acre, or 889m². The below map shows the location of 2 CHIPPS MOOR, 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 2 CHIPPS MOOR). 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.
2 CHIPPS MOOR is located on MOORTOWN LANE in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of 2 CHIPPS MOOR on MOORTOWN LANE.