BROOKFIELD, NITON ROAD, ROOKLEY, VENTNOR, PO38 3NR - £395,000

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

BROOKFIELD is a large extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £395,000 in June 2019, which was around 22% above the average June 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2018, where the current energy rating was F, and the potential energy rating was D.

BROOKFIELD Sold Prices

Land registry data shows three sales for BROOKFIELD 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. One of the three BROOKFIELD sales was for above the average price, whilst two 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
2019 28 JUN	£395,000	£324,760	22% above HPI
2015 29 SEP	£225,000	£284,054	21% below HPI
2009 22 DEC	£195,000	£249,306	22% below HPI

BROOKFIELD 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 BROOKFIELD sales between December 2009 and June 2019 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 September 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2019 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is BROOKFIELD?

BROOKFIELD is 121m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 30% of detached houses in Rookley, based on EPC data. The below chart shows the distribution of detached houses by size in Rookley, and where BROOKFIELD lies on this distribution: 74% of detached houses are smaller than BROOKFIELD, and 26% of houses are larger. Note that EPC data is not available for all properties in Rookley.

BROOKFIELD: Plot and Title Map

BROOKFIELD sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of BROOKFIELD, 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 BROOKFIELD). 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 BROOKFIELD?

BROOKFIELD is located on NITON ROAD in ROOKLEY, in the PO38 postcode district. The below map shows the position of BROOKFIELD on NITON ROAD.