49, NEW ROAD, BRADING, SANDOWN, PO36 0AG - £435,000

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

49 NEW ROAD is a very large extended detached house of 198m², built sometime before 1900. It was last sold for £435,000 in January 2021, which was around 19% above the average January 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

49 NEW ROAD Sold Prices

Land registry data shows two sales for 49 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 49 NEW ROAD sales were 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
2021 4 JAN	£435,000	£366,659	19% above HPI
2001 6 DEC	£180,000	£152,206	18% above HPI

49 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 49 NEW ROAD sales from December 2001 and January 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 December 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 49 NEW ROAD?

49 NEW ROAD is 198m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 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 49 NEW ROAD lies on this distribution: 96% of detached houses are smaller than 49 NEW ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Brading.

49 NEW ROAD: Plot and Title Map

49 NEW ROAD sits on a plot of roughly 0.544 of an acre, or 2,203m². The below map shows the location of 49 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 49 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 49 NEW ROAD?

49 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 49 on NEW ROAD.