27, NEW ROAD, BRADING, SANDOWN, PO36 0AH - £190,000

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

27 NEW ROAD is a large detached house of 124m², built sometime between 1930 and 1949. It was last sold for £190,000 in October 2013, which was around 26% below the average October 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

27 NEW ROAD Sold Prices

Land registry data shows three sales for 27 NEW ROAD 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 27 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
2013 3 OCT	£190,000	£255,998	26% below HPI
2006 15 DEC	£192,500	£253,266	24% below HPI
1999 16 SEP	£85,000	£103,136	18% below HPI

27 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 three 27 NEW ROAD sales between September 1999 and October 2013 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 December 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2013 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 27 NEW ROAD?

27 NEW ROAD is 124m² according to the EPC inspection conducted in May 2014. This puts it in the largest 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 27 NEW ROAD lies on this distribution: 73% of detached houses are smaller than 27 NEW ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Brading.

27 NEW ROAD: Plot and Title Map

27 NEW ROAD sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 27 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 27 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 27 NEW ROAD?

27 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 27 on NEW ROAD.