8, NEW ROAD, BRADING, SANDOWN, PO36 0DT - £182,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 NEW ROAD is a small semi-detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £205,691. It was last sold for £182,500 in January 2021, which was around 26% below the average January 2021 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

8 NEW ROAD Sold Prices

Land registry data shows four sales for 8 NEW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 8 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
2021 29 JAN	£182,500	£245,537	26% below HPI
2006 11 AUG	£150,000	£170,478	12% below HPI
2002 30 APR	£93,000	£97,735	5% below HPI
1997 1 AUG	£35,500	£51,132	31% below HPI

8 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 8 NEW ROAD sales between August 1997 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 August 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 8 NEW ROAD be worth now?

8 NEW ROAD might now be worth an estimated £205,691.

This is based on house price inflation of 12.7%, between January 2021 and July 2025, for semi-detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.7% inflationary increase is applied to the most recent sale price for 8 NEW ROAD of £182,500 on 29th January 2021. For the value to have increased from £182,500 to £205,691 over the three years and six months to July 2025, the following assumptions must hold true:

• The value of 8 NEW ROAD has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The January 2021 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 8 NEW ROAD has not materially changed since January 2021.

How Large is 8 NEW ROAD?

8 NEW ROAD is 86m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of semi-detached houses houses in Brading, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Brading, and where 8 NEW ROAD lies on this distribution: 39% of semi-detached houses houses are smaller than 8 NEW ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Brading.

8 NEW ROAD: Plot and Title Map

8 NEW ROAD sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 8 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 8 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 8 NEW ROAD?

8 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 8 on NEW ROAD.