BRAXTON MEWS, HALLETTS SHUTE, NORTON, YARMOUTH, PO41 0RH - £595,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

BRAXTON MEWS is a large extended detached house of 148m², built sometime between 1967 and 1975, which could now be worth an estimated £674,348. It was last sold for £595,000 in November 2020, which was around 68% above the average November 2020 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 C.

BRAXTON MEWS Sold Prices

Land registry data shows four sales for BRAXTON MEWS 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 BRAXTON MEWS 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
2020 11 NOV	£595,000	£353,880	68% above HPI
2017 4 OCT	£490,000	£301,612	62% above HPI
2011 2 DEC	£370,000	£248,353	49% above HPI
2003 27 JUN	£320,000	£196,296	63% above HPI

BRAXTON MEWS 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 BRAXTON MEWS sales between June 2003 and November 2020 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 October 2017 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the November 2020 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might BRAXTON MEWS be worth now?

BRAXTON MEWS might now be worth an estimated £674,348.

This is based on house price inflation of 13.3%, between November 2020 and December 2024, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for BRAXTON MEWS of £595,000 on 11th November 2020. For the value to have increased from £595,000 to £674,348 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of BRAXTON MEWS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2020 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of BRAXTON MEWS has not materially changed since November 2020.

How Large is BRAXTON MEWS?

BRAXTON MEWS is 148m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses houses in Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norton, and where BRAXTON MEWS lies on this distribution: 72% of detached houses houses are smaller than BRAXTON MEWS, and 26% of houses are larger. Note that EPC data is not available for all properties in Norton.

BRAXTON MEWS: Plot and Title Map

BRAXTON MEWS sits on a plot of roughly 0.346 of an acre, or 1,400m². The below map shows the location of BRAXTON MEWS, 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 BRAXTON MEWS). 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 BRAXTON MEWS?

BRAXTON MEWS is located on HALLETTS SHUTE in NORTON, in the PO41 postcode district. The below map shows the position of BRAXTON MEWS on HALLETTS SHUTE.