THE NOOK, MOOR LANE, BRIGHSTONE, NEWPORT, PO30 4DL - £465,000

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

THE NOOK is a large detached house of 140m², built sometime between 1967 and 1975. It was last sold for £465,000 in June 2024, which was around 13% above the average June 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was C.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK 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 THE NOOK sales was for above the average price, whilst the other 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
2024 26 JUN	£465,000	£410,055	13% above HPI
2007 16 NOV	£249,995	£276,229	9% below HPI

THE NOOK 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 THE NOOK sales from November 2007 and June 2024 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2024 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is THE NOOK?

THE NOOK is 140m² according to the EPC inspection conducted in May 2024. 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 THE NOOK lies on this distribution: 78% of detached houses are smaller than THE NOOK, and 22% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.604 of an acre, or 2,446m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

THE NOOK is located on MOOR LANE in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of THE NOOK on MOOR LANE.