RIDINGS, MORTON OLD ROAD, BRADING, SANDOWN, PO36 0EN - £378,000

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

RIDINGS is a very large detached house of 166m², built sometime between 1950 and 1966. It was last sold for £378,000 in September 2014, which was around 42% above the average September 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was C.

RIDINGS Sold Prices

Land registry data shows two sales for RIDINGS 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. One of the two RIDINGS sales was for above the average price, whilst the other was roughly equal to 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
2014 11 SEP	£378,000	£265,971	42% above HPI
2000 20 NOV	£132,500	£132,709	Close to HPI

RIDINGS 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 RIDINGS sales from November 2000 and September 2014 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 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2014 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is RIDINGS?

RIDINGS is 166m² according to the EPC inspection conducted in January 2015. This puts it in the largest 10% of detached houses in Brading, based on EPC data. The below chart shows the distribution of detached houses by size in Brading, and where RIDINGS lies on this distribution: 91% of detached houses are smaller than RIDINGS, and 9% of houses are larger. Note that EPC data is not available for all properties in Brading.

RIDINGS: Plot and Title Map

RIDINGS sits on a plot of roughly 0.357 of an acre, or 1,446m². The below map shows the location of RIDINGS, 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 RIDINGS). 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 RIDINGS?

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