HORIZON, CROSS STREET, BRADING, SANDOWN, PO36 0DL - £249,995

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

HORIZON is a very large extended detached house of 165m², built sometime between 1976 and 1982. It was last sold for £249,995 in March 2014, which was around 4% below the average March 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

HORIZON Sold Prices

Land registry data shows two sales for HORIZON 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. One of the two HORIZON sales was for below the average price, whilst the other was 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 14 MAR	£249,995	£260,541	4% below HPI
2003 15 APR	£210,000	£188,683	11% above HPI

HORIZON 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 HORIZON sales from April 2003 and March 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 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is HORIZON?

HORIZON is 165m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 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 HORIZON lies on this distribution: 91% of detached houses are smaller than HORIZON, and 9% of houses are larger. Note that EPC data is not available for all properties in Brading.

HORIZON: Plot and Title Map

HORIZON sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of HORIZON, 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 HORIZON). 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 HORIZON?

HORIZON is located on CROSS STREET in BRADING, in the PO36 postcode district. The below map shows the position of HORIZON on CROSS STREET.