MILLSTONE COTTAGE, MAIN ROAD, BRIGHSTONE, NEWPORT, PO30 4DJ - £355,000

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

MILLSTONE COTTAGE is a very large extended detached house of 154m², built sometime between 1950 and 1966. It was last sold for £355,000 in November 2011, which was around 41% above the average November 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

MILLSTONE COTTAGE Sold Prices

Land registry data shows three sales for MILLSTONE COTTAGE 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 MILLSTONE COTTAGE 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
2011 14 NOV	£355,000	£251,986	41% above HPI
2002 27 SEP	£250,000	£175,887	42% above HPI
2001 10 SEP	£240,000	£143,407	67% above HPI

MILLSTONE COTTAGE 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 MILLSTONE COTTAGE sales between September 2001 and November 2011 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 September 2002 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2011 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is MILLSTONE COTTAGE?

MILLSTONE COTTAGE is 154m², which includes two extensions, according to the EPC inspection conducted in April 2023. 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 MILLSTONE COTTAGE lies on this distribution: 86% of detached houses are smaller than MILLSTONE COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

MILLSTONE COTTAGE: Plot and Title Map

MILLSTONE COTTAGE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of MILLSTONE COTTAGE, 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 MILLSTONE COTTAGE). 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 MILLSTONE COTTAGE?

MILLSTONE COTTAGE is located on MAIN ROAD in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of MILLSTONE COTTAGE on MAIN ROAD.