68, NEW ROAD, BRADING, SANDOWN, PO36 0AQ - £225,000

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

68 NEW ROAD is a large detached house of 103m², built sometime between 1976 and 1982. It was last sold for £225,000 in July 2008, which was around 16% below the average July 2008 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.

68 NEW ROAD Sold Prices

Land registry data shows two sales for 68 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 68 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
2008 4 JUL	£225,000	£267,443	16% below HPI
2002 21 MAR	£137,000	£147,485	7% below HPI

68 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 68 NEW ROAD sales from March 2002 and July 2008 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 March 2002 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2008 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 68 NEW ROAD?

68 NEW ROAD is 103m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in Brading, based on EPC data. The below chart shows the distribution of detached houses by size in Brading, and where 68 NEW ROAD lies on this distribution: 63% of detached houses are smaller than 68 NEW ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Brading.

68 NEW ROAD: Plot and Title Map

68 NEW ROAD sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 68 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 68 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 68 NEW ROAD?

68 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 68 on NEW ROAD.