DOWNS REACH, MOOR LANE, BRIGHSTONE, NEWPORT, PO30 4DL - £230,000

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

DOWNS REACH is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £230,000 in October 2014, which was around 15% below the average October 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2011, where the current energy rating was F, and the potential energy rating was E.

DOWNS REACH Sold Prices

Land registry data shows four sales for DOWNS REACH 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 DOWNS REACH 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
2014 30 OCT	£230,000	£271,407	15% below HPI
2011 5 APR	£215,000	£252,605	15% below HPI
2002 12 AUG	£148,000	£169,911	13% below HPI
1999 8 JAN	£85,000	£93,730	9% below HPI

DOWNS REACH 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 DOWNS REACH sales between January 1999 and October 2014 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 April 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2014 sale, which was also at 15% below the HPI.

How Large is DOWNS REACH?

DOWNS REACH is 71m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 20% of detached houses in Brighstone, based on EPC data. The below chart shows the distribution of detached houses by size in Brighstone, and where DOWNS REACH lies on this distribution: 15% of detached houses are smaller than DOWNS REACH, and 85% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

DOWNS REACH: Plot and Title Map

DOWNS REACH sits on a plot of roughly 0.157 of an acre, or 635m². The below map shows the location of DOWNS REACH, 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 DOWNS REACH). 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 DOWNS REACH?

DOWNS REACH is located on MOOR LANE in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of DOWNS REACH on MOOR LANE.