OVERBRAE, MAIN ROAD, HAVENSTREET, RYDE, PO33 4DH - £825,000

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

OVERBRAE is a very large detached house of 252m², built sometime from 2012 onwards. It was last sold for £825,000 in January 2016, which was around 186% above the average January 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2024, where the current energy rating was B, and the potential energy rating was B.

OVERBRAE Sold Prices

Land registry data shows two sales for OVERBRAE 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 OVERBRAE 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
2016 22 JAN	£825,000	£288,433	186% above HPI
2013 16 AUG	£265,000	£255,361	4% above HPI

OVERBRAE 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 OVERBRAE sales from August 2013 and January 2016 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 August 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the January 2016 sale, where it rises to 186% above the HPI. The line then continues to track at 186% above the HPI.

How Large is OVERBRAE?

OVERBRAE is 252m² according to the EPC inspection conducted in June 2024. This puts it in the largest 10% of detached houses in Havenstreet, based on EPC data. The below chart shows the distribution of detached houses by size in Havenstreet, and where OVERBRAE lies on this distribution: 98% of detached houses are smaller than OVERBRAE, and 2% of houses are larger. Note that EPC data is not available for all properties in Havenstreet.

OVERBRAE: Plot and Title Map

OVERBRAE sits on a plot of roughly 1.1 acres, or 4,587m². The below map shows the location of OVERBRAE, 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 OVERBRAE). 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 OVERBRAE?

OVERBRAE is located on MAIN ROAD in HAVENSTREET, in the PO33 postcode district. The below map shows the position of OVERBRAE on MAIN ROAD.