FLAT, MORTON MANOR, MORTON MANOR ROAD, BRADING, SANDOWN, PO36 0EP - £1,725,000

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

FLAT is a very small extended detached house of 60m², built sometime before 1900. It was last sold for £1,725,000 in January 2014, which was around 563% above the average January 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was E.

FLAT Sold Prices

Land registry data shows two sales for FLAT 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 FLAT 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
2014 31 JAN	£1,725,000	£260,353	563% above HPI
2009 27 MAY	£1,050,000	£234,088	349% above HPI

FLAT 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 FLAT sales from May 2009 and January 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 May 2009 sale was for 349% above the HPI. So the extrapolation line tracks at 349% above the HPI over time, until the January 2014 sale, where it rises to 563% above the HPI. The line then continues to track at 563% above the HPI.

How Large is FLAT?

FLAT is 60m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 10% of detached houses in Brading, based on EPC data. The below chart shows the distribution of detached houses by size in Brading, and where FLAT lies on this distribution: 7% of detached houses are smaller than FLAT, and 93% of houses are larger. Note that EPC data is not available for all properties in Brading.

FLAT: Plot and Title Map

FLAT sits on a plot of roughly 5.8 acres, or 23,430m². The below map shows the location of FLAT, 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 FLAT). 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 FLAT?

FLAT, MORTON MANOR is located on MORTON MANOR ROAD in BRADING, in the PO36 postcode district. The below map shows the position of FLAT, MORTON MANOR on MORTON MANOR ROAD.