1, GREENHAM DRIVE, SEAVIEW, PO34 5LA - £480,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 GREENHAM DRIVE is a small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £480,000 in October 2022, which was around 11% above the average October 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

1 GREENHAM DRIVE Sold Prices

Land registry data shows two sales for 1 GREENHAM DRIVE 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 1 GREENHAM DRIVE 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
2022 27 OCT	£480,000	£434,076	11% above HPI
2020 24 JAN	£280,000	£331,916	16% below HPI

1 GREENHAM DRIVE 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 1 GREENHAM DRIVE sales from January 2020 and October 2022 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 January 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 1 GREENHAM DRIVE?

1 GREENHAM DRIVE is 90m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where 1 GREENHAM DRIVE lies on this distribution: 39% of detached houses are smaller than 1 GREENHAM DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

1 GREENHAM DRIVE: Plot and Title Map

1 GREENHAM DRIVE sits on a plot of roughly 0.210 of an acre, or 851m². The below map shows the location of 1 GREENHAM DRIVE, 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 1 GREENHAM DRIVE). 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 1 GREENHAM DRIVE?

1 GREENHAM DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 1 on GREENHAM DRIVE.