BRAEMAR, HOWARD ROAD, SHANKLIN, PO37 6HD - £345,000

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

BRAEMAR is a midsized extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £345,000 in November 2012, which was around 39% above the average November 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was B.

BRAEMAR Sold Prices

Land registry data shows two sales for BRAEMAR 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 BRAEMAR 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
2012 30 NOV	£345,000	£248,815	39% above HPI
2000 14 NOV	£157,000	£132,709	18% above HPI

BRAEMAR 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 BRAEMAR sales from November 2000 and November 2012 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 2000 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2012 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is BRAEMAR?

BRAEMAR is 117m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 50% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where BRAEMAR lies on this distribution: 58% of detached houses are smaller than BRAEMAR, and 42% of houses are larger. Note that EPC data is not available for all properties in Shanklin.

BRAEMAR: Plot and Title Map

BRAEMAR sits on a plot of roughly 0.231 of an acre, or 937m². The below map shows the location of BRAEMAR, 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 BRAEMAR). 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 BRAEMAR?

BRAEMAR is located on HOWARD ROAD in SHANKLIN, in the PO37 postcode district. The below map shows the position of BRAEMAR on HOWARD ROAD.