45, NEW ROAD, BRADING, SANDOWN, PO36 0AH - £249,950

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

45 NEW ROAD is a large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £249,950 in September 2013, which was around 2% below the average September 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

45 NEW ROAD Sold Prices

Land registry data shows three sales for 45 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. Two of the three 45 NEW ROAD sales were for below the average price, whilst one was 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
2013 26 SEP	£249,950	£255,877	2% below HPI
2004 11 MAY	£249,950	£215,732	16% above HPI
1996 21 JUN	£30,500	£69,114	56% below HPI

45 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 45 NEW ROAD sales between June 1996 and September 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 May 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2013 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 45 NEW ROAD?

45 NEW ROAD is 135m² according to the EPC inspection conducted in August 2011. 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 45 NEW ROAD lies on this distribution: 79% of detached houses are smaller than 45 NEW ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Brading.

45 NEW ROAD: Plot and Title Map

45 NEW ROAD sits on a plot of roughly 0.205 of an acre, or 829m². The below map shows the location of 45 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 45 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 45 NEW ROAD?

45 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 45 on NEW ROAD.