PINETREES, MORTON ROAD, BRADING, SANDOWN, PO36 0BJ - £292,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PINETREES is a midsized detached house of 100m², built sometime between 1950 and 1966. It was last sold for £292,000 in December 2019, which was around 12% below the average December 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was D.

PINETREES Sold Prices

Land registry data shows three sales for PINETREES 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. One of the three PINETREES sales was for below the average price, whilst two 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
2019 19 DEC	£292,000	£331,270	12% below HPI
2009 15 MAY	£236,000	£234,088	1% above HPI
2003 14 FEB	£193,000	£185,490	4% above HPI

PINETREES 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 PINETREES sales between February 2003 and December 2019 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 May 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the December 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is PINETREES?

PINETREES is 100m² according to the EPC inspection conducted in September 2017. This puts it in the largest 50% of detached houses in Brading, based on EPC data. The below chart shows the distribution of detached houses by size in Brading, and where PINETREES lies on this distribution: 59% of detached houses are smaller than PINETREES, and 40% of houses are larger. Note that EPC data is not available for all properties in Brading.

PINETREES: Plot and Title Map

PINETREES sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of PINETREES, 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 PINETREES). 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 PINETREES?

PINETREES is located on MORTON ROAD in BRADING, in the PO36 postcode district. The below map shows the position of PINETREES on MORTON ROAD.