DOWNLANDS, UPPER LANE, BRIGHSTONE, NEWPORT, PO30 4AT - £385,000

DOWNLANDS is a large detached house of 125m², built sometime between 1967 and 1975. It was last sold for £385,000 in November 2015, which was around 35% above the average November 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

DOWNLANDS Sold Prices

Land registry data shows two sales for DOWNLANDS 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. Both of the two DOWNLANDS sales 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
2015 24 NOV	£385,000	£286,145	35% above HPI
2015 31 JUL	£388,000	£274,939	41% above HPI

DOWNLANDS 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 DOWNLANDS sales from July 2015 and November 2015 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 2015 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is DOWNLANDS?

DOWNLANDS is 125m² according to the EPC inspection conducted in July 2015. 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 DOWNLANDS lies on this distribution: 70% of detached houses are smaller than DOWNLANDS, and 29% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

DOWNLANDS: Plot and Title Map

DOWNLANDS sits on a plot of roughly 0.476 of an acre, or 1,925m². The below map shows the location of DOWNLANDS, 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 DOWNLANDS). 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 DOWNLANDS?

DOWNLANDS is located on UPPER LANE in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of DOWNLANDS on UPPER LANE.