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
35 NEW ROAD is a very small detached house of 55m², built sometime between 1930 and 1949. It was last sold for £210,000 in May 2014, which was around 21% below the average May 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 35 NEW ROAD since 1st 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 35 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 |
---|---|---|---|
2014 29 MAY | £210,000 | £267,093 | 21% below HPI |
2009 27 APR | £170,000 | £230,871 | 26% below 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 two 35 NEW ROAD sales from April 2009 and May 2014 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 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.
35 NEW ROAD is 55m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses in Brading, based on EPC data. The below chart shows the distribution of detached houses by size in Brading, and where 35 NEW ROAD lies on this distribution: 2% of detached houses are smaller than 35 NEW ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Brading.
35 NEW ROAD sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 35 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 35 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.
35 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 35 on NEW ROAD.