92, NEW ROAD, BRADING, SANDOWN, PO36 0AB - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

92 NEW ROAD is a small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £275,000 in February 2021, which was around 24% below the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

92 NEW ROAD Sold Prices

Land registry data shows two sales for 92 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 92 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 23 FEB	£275,000	£363,833	24% below HPI
2015 5 JUN	£185,000	£274,143	33% below HPI

92 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 92 NEW ROAD sales from June 2015 and February 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 June 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 92 NEW ROAD?

92 NEW ROAD is 80m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 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 92 NEW ROAD lies on this distribution: 34% of detached houses are smaller than 92 NEW ROAD, and 65% of houses are larger. Note that EPC data is not available for all properties in Brading.

92 NEW ROAD: Plot and Title Map

92 NEW ROAD sits on a plot of roughly 0.295 of an acre, or 1,195m². The below map shows the location of 92 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 92 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 92 NEW ROAD?

92 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 92 on NEW ROAD.