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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MALABAR is a very small detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £351,917. It was last sold for £215,000 in April 2010, which was around 14% 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	£248,723	14% below HPI
2003 17 JUL	£187,500	£201,245	7% below HPI
2002 17 DEC	£130,000	£180,521	28% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2010 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might MALABAR be worth now?

MALABAR might now be worth an estimated £351,917.

This is based on house price inflation of 63.7%, between April 2010 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.7% inflationary increase is applied to the most recent sale price for MALABAR of £215,000 on 30th April 2010. For the value to have increased from £215,000 to £351,917 over the fifteen years and two months to February 2025, the following assumptions must hold true:

• The value of MALABAR has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2010 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of MALABAR has not materially changed since April 2010.

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 houses in Totland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totland, and where MALABAR lies on this distribution: 2% of detached houses 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.