MALABAR, BROADWAY, TOTLAND BAY, PO39 0AN - £215,000

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

MALABAR is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £215,000 in April 2010, which was around 15% below the average April 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

MALABAR Sold Prices

Land registry data shows three sales for MALABAR 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 MALABAR 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
2010 30 APR	£215,000	£254,018	15% below HPI
2003 17 JUL	£187,500	£205,529	9% below HPI
2002 17 DEC	£130,000	£184,364	29% below HPI

MALABAR 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 MALABAR sales between December 2002 and April 2010 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 July 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2010 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is MALABAR?

MALABAR is 64m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 10% of detached houses in Totland, based on EPC data. The below chart shows the distribution of detached houses by size in Totland, and where MALABAR lies on this distribution: 2% of detached houses are smaller than MALABAR, and 98% of houses are larger. Note that EPC data is not available for all properties in Totland.

MALABAR: Plot and Title Map

MALABAR sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of MALABAR, 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 MALABAR). 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 MALABAR?

MALABAR is located on BROADWAY in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of MALABAR on BROADWAY.