36, NEW ROAD, BRADING, SANDOWN, PO36 0AJ - £242,000

36 NEW ROAD is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £242,000 in May 2023, which was around 44% below the average May 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

36 NEW ROAD Sold Prices

Land registry data shows four sales for 36 NEW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 36 NEW ROAD sales were 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
2023 15 MAY	£242,000	£429,799	44% below HPI
2014 23 JUL	£167,500	£267,928	37% below HPI
2012 26 JUL	£160,000	£258,114	38% below HPI
1995 18 DEC	£45,000	£69,849	36% below HPI

36 NEW ROAD 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 four 36 NEW ROAD sales between December 1995 and May 2023 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 July 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 36 NEW ROAD?

36 NEW ROAD is 62m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 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 36 NEW ROAD lies on this distribution: 8% of detached houses are smaller than 36 NEW ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Brading.

36 NEW ROAD: Plot and Title Map

36 NEW ROAD sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 36 NEW ROAD, 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 36 NEW ROAD). 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 36 NEW ROAD?

36 NEW ROAD is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 36 on NEW ROAD.