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

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.

PASTURES is a large detached house of 127m², built sometime between 1950 and 1966, which could now be worth an estimated £514,714. It was last sold for £315,000 in July 2013, which was around 26% 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	£249,151	26% above HPI
2001 3 NOV	£170,000	£142,971	19% 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 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2013 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might PASTURES be worth now?

PASTURES might now be worth an estimated £514,714.

This is based on house price inflation of 63.4%, between July 2013 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 63.4% inflationary increase is applied to the most recent sale price for PASTURES of £315,000 on 4th July 2013. For the value to have increased from £315,000 to £514,714 over the twelve years and five months to February 2025, the following assumptions must hold true:

• The value of PASTURES has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2013 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of PASTURES has not materially changed since July 2013.

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 houses in Brighstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighstone, and where PASTURES lies on this distribution: 71% of detached houses 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.