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
80 NEW ROAD is a very large extended detached house of 181m², built sometime between 1900 and 1929. It was last sold for £325,000 in April 2007, which was around 25% above the average April 2007 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 80 NEW ROAD since 1st 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. All of the three 80 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 |
---|---|---|---|
2007 20 APR | £325,000 | £259,496 | 25% above HPI |
2001 17 AUG | £230,000 | £143,253 | 61% above HPI |
2000 27 JUN | £140,000 | £121,115 | 16% above 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 three 80 NEW ROAD sales between June 2000 and April 2007 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 2001 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the April 2007 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.
80 NEW ROAD is 181m², which includes one extension, according to the EPC inspection conducted in October 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 80 NEW ROAD lies on this distribution: 95% of detached houses are smaller than 80 NEW ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Brading.
80 NEW ROAD sits on a plot of roughly 0.245 of an acre, or 990m². The below map shows the location of 80 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 80 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.
80 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 80 on NEW ROAD.