31, NEW ROAD, BRADING, SANDOWN, PO36 0AH - £182,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

31 NEW ROAD is a midsized detached house of 93m², built sometime between 1930 and 1949. It was last sold for £182,000 in December 2012, which was around 26% below the average December 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

31 NEW ROAD Sold Prices

Land registry data shows two sales for 31 NEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 31 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
2012 7 DEC	£182,000	£247,284	26% below HPI
2004 8 OCT	£150,000	£237,637	37% below HPI

31 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 two 31 NEW ROAD sales from October 2004 and December 2012 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 October 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2012 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 31 NEW ROAD?

31 NEW ROAD is 93m² according to the EPC inspection conducted in January 2012. This puts it in the largest 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 31 NEW ROAD lies on this distribution: 50% of detached houses are smaller than 31 NEW ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Brading.

31 NEW ROAD: Plot and Title Map

31 NEW ROAD sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 31 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 31 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 31 NEW ROAD?

31 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 31 on NEW ROAD.