21, NEW ROAD, BRADING, SANDOWN, PO36 0AH - £390,000

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

21 NEW ROAD is a midsized extended detached house of 87m², built sometime between 1967 and 1975. It was last sold for £390,000 in December 2021, which was around 3% below the average December 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

21 NEW ROAD Sold Prices

Land registry data shows four sales for 21 NEW ROAD 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 21 NEW ROAD 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
2021 14 DEC	£390,000	£402,556	3% below HPI
2015 5 NOV	£200,000	£286,145	30% below HPI
2004 19 NOV	£220,000	£239,480	8% below HPI
1997 16 OCT	£47,000	£82,804	43% below HPI

21 NEW ROAD 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 21 NEW ROAD sales between October 1997 and December 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 November 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 21 NEW ROAD?

21 NEW ROAD is 87m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses in Brading, based on EPC data. The below chart shows the distribution of detached houses by size in Brading, and where 21 NEW ROAD lies on this distribution: 42% of detached houses are smaller than 21 NEW ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Brading.

21 NEW ROAD: Plot and Title Map

21 NEW ROAD sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 21 NEW ROAD, 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 21 NEW ROAD). 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 21 NEW ROAD?

21 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 21 on NEW ROAD.