BLUE HAZE, MORTON ROAD, BRADING, SANDOWN, PO36 0EL - £240,000

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

BLUE HAZE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £240,000 in August 2018, which was around 24% below the average August 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2016, where the current energy rating was C, and the potential energy rating was B.

BLUE HAZE Sold Prices

Land registry data shows four sales for BLUE HAZE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four BLUE HAZE 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
2018 21 AUG	£240,000	£316,372	24% below HPI
2017 18 MAY	£233,000	£301,582	23% below HPI
2006 30 MAR	£200,000	£237,904	16% below HPI
2002 30 SEP	£120,000	£175,887	32% below HPI

BLUE HAZE 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 four BLUE HAZE sales between September 2002 and August 2018 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 May 2017 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is BLUE HAZE?

BLUE HAZE is 69m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 20% of detached houses in Brading, based on EPC data. The below chart shows the distribution of detached houses by size in Brading, and where BLUE HAZE lies on this distribution: 15% of detached houses are smaller than BLUE HAZE, and 83% of houses are larger. Note that EPC data is not available for all properties in Brading.

BLUE HAZE: Plot and Title Map

BLUE HAZE sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of BLUE HAZE, 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 BLUE HAZE). 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 BLUE HAZE?

BLUE HAZE is located on MORTON ROAD in BRADING, in the PO36 postcode district. The below map shows the position of BLUE HAZE on MORTON ROAD.