THE HORNETS NEST, WEST STREET, BRADING, SANDOWN, PO36 0DR - £450,000

THE HORNETS NEST is a very large detached house of 140m², built sometime between 1983 and 1990. It was last sold for £450,000 in May 2023, which was around 5% above the average May 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

THE HORNETS NEST Sold Prices

Land registry data shows two sales for THE HORNETS NEST 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 HORNETS NEST 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
2023 12 MAY	£450,000	£429,799	5% above HPI
2014 25 APR	£246,000	£262,645	6% below HPI

THE HORNETS NEST 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 HORNETS NEST sales from April 2014 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 April 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2023 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is THE HORNETS NEST?

THE HORNETS NEST is 140m² according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Brading, based on EPC data. The below chart shows the distribution of detached houses by size in Brading, and where THE HORNETS NEST lies on this distribution: 81% of detached houses are smaller than THE HORNETS NEST, and 19% of houses are larger. Note that EPC data is not available for all properties in Brading.

THE HORNETS NEST: Plot and Title Map

THE HORNETS NEST sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of THE HORNETS NEST, 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 HORNETS NEST). 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 HORNETS NEST?

THE HORNETS NEST is located on WEST STREET in BRADING, in the PO36 postcode district. The below map shows the position of THE HORNETS NEST on WEST STREET.