THE BRIARS, HURST HILL, TOTLAND BAY, PO39 0HD - £265,000

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.

THE BRIARS is a very small detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £425,352. It was last sold for £265,000 in February 2014, which was around 4% above the average February 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

THE BRIARS Sold Prices

Land registry data shows three sales for THE BRIARS 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. Two of the three THE BRIARS sales were for above the average price, whilst one was for below 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 21 FEB	£265,000	£253,639	4% above HPI
2006 31 MAR	£244,000	£232,944	5% above HPI
2000 10 MAR	£77,000	£110,409	30% below HPI

THE BRIARS 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 THE BRIARS sales between March 2000 and February 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 March 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might THE BRIARS be worth now?

THE BRIARS might now be worth an estimated £425,352.

This is based on house price inflation of 60.5%, between February 2014 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 60.5% inflationary increase is applied to the most recent sale price for THE BRIARS of £265,000 on 21st February 2014. For the value to have increased from £265,000 to £425,352 over the eleven years to February 2025, the following assumptions must hold true:

• The value of THE BRIARS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2014 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of THE BRIARS has not materially changed since February 2014.

How Large is THE BRIARS?

THE BRIARS is 79m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses houses in Totland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totland, and where THE BRIARS lies on this distribution: 14% of detached houses houses are smaller than THE BRIARS, and 86% of houses are larger. Note that EPC data is not available for all properties in Totland.

THE BRIARS: Plot and Title Map

THE BRIARS sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of THE BRIARS, 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 THE BRIARS). 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 THE BRIARS?

THE BRIARS is located on HURST HILL in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of THE BRIARS on HURST HILL.