PASTURES, GALLEY LANE, BRIGHSTONE, NEWPORT, PO30 4BT - £315,000

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

PASTURES is a large detached house of 127m², built sometime between 1950 and 1966. It was last sold for £315,000 in July 2013, which was around 24% above the average July 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

PASTURES Sold Prices

Land registry data shows two sales for PASTURES 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 PASTURES 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
2013 4 JUL	£315,000	£254,455	24% above HPI
2001 3 NOV	£170,000	£146,015	16% above HPI

PASTURES 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 PASTURES sales from November 2001 and July 2013 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 November 2001 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2013 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is PASTURES?

PASTURES is 127m² according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of detached houses in Brighstone, based on EPC data. The below chart shows the distribution of detached houses by size in Brighstone, and where PASTURES lies on this distribution: 70% of detached houses are smaller than PASTURES, and 29% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

PASTURES: Plot and Title Map

PASTURES sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of PASTURES, 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 PASTURES). 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 PASTURES?

PASTURES is located on GALLEY LANE in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of PASTURES on GALLEY LANE.