ELM PLACE, UPPER LANE, BRIGHSTONE, NEWPORT, PO30 4BA - £580,000

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

ELM PLACE is a very large extended detached house of 168m², built sometime between 1983 and 1990. It was last sold for £580,000 in August 2017, which was around 91% above the average August 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was E.

ELM PLACE Sold Prices

Land registry data shows three sales for ELM PLACE 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. All of the three ELM PLACE 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
2017 14 AUG	£580,000	£303,260	91% above HPI
2010 7 JUN	£497,000	£251,182	98% above HPI
2006 29 NOV	£477,000	£254,508	87% above HPI

ELM PLACE 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 ELM PLACE sales between November 2006 and August 2017 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 June 2010 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the August 2017 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.

How Large is ELM PLACE?

ELM PLACE is 168m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 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 ELM PLACE lies on this distribution: 90% of detached houses are smaller than ELM PLACE, and 10% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

ELM PLACE: Plot and Title Map

ELM PLACE sits on a plot of roughly 0.585 of an acre, or 2,368m². The below map shows the location of ELM PLACE, 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 ELM PLACE). 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 ELM PLACE?

ELM PLACE is located on UPPER LANE in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of ELM PLACE on UPPER LANE.