BRACKLEY, VICTORIA ROAD, FRESHWATER, PO40 9PR - £330,000

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

BRACKLEY is a midsized detached house of 90m², built sometime between 1967 and 1975. It was last sold for £330,000 in February 2021, which was around 9% below the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

BRACKLEY Sold Prices

Land registry data shows three sales for BRACKLEY since 1^st 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. The three BRACKLEY sales were a mix of below the average price, and roughly equal to 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 15 FEB	£330,000	£363,833	9% below HPI
2018 7 NOV	£320,000	£319,862	Close to HPI
2003 13 MAY	£178,000	£193,340	8% below HPI

BRACKLEY 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 three BRACKLEY sales between May 2003 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 November 2018 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is BRACKLEY?

BRACKLEY is 90m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% of detached houses in Freshwater, based on EPC data. The below chart shows the distribution of detached houses by size in Freshwater, and where BRACKLEY lies on this distribution: 43% of detached houses are smaller than BRACKLEY, and 55% of houses are larger. Note that EPC data is not available for all properties in Freshwater.

BRACKLEY: Plot and Title Map

BRACKLEY sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of BRACKLEY, 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 BRACKLEY). 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 BRACKLEY?

BRACKLEY is located on VICTORIA ROAD in FRESHWATER, in the PO40 postcode district. The below map shows the position of BRACKLEY on VICTORIA ROAD.