10, HORESTONE RISE, SEAVIEW, PO34 5DA - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 HORESTONE RISE is a midsized detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £358,041. It was last sold for £230,000 in May 2014, which was around 12% below the average May 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

10 HORESTONE RISE Sold Prices

Land registry data shows two sales for 10 HORESTONE RISE 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 10 HORESTONE RISE 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
2014 30 MAY	£230,000	£261,525	12% below HPI
2001 1 OCT	£120,000	£139,672	14% below HPI

10 HORESTONE RISE 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 10 HORESTONE RISE sales from October 2001 and May 2014 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 October 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 10 HORESTONE RISE be worth now?

10 HORESTONE RISE might now be worth an estimated £358,041.

This is based on house price inflation of 55.7%, between May 2014 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 55.7% inflationary increase is applied to the most recent sale price for 10 HORESTONE RISE of £230,000 on 30th May 2014. For the value to have increased from £230,000 to £358,041 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 10 HORESTONE RISE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2014 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 10 HORESTONE RISE has not materially changed since May 2014.

How Large is 10 HORESTONE RISE?

10 HORESTONE RISE is 92m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% of detached houses houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nettlestone, and where 10 HORESTONE RISE lies on this distribution: 42% of detached houses houses are smaller than 10 HORESTONE RISE, and 57% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

10 HORESTONE RISE: Plot and Title Map

10 HORESTONE RISE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 10 HORESTONE RISE, 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 10 HORESTONE RISE). 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 10 HORESTONE RISE?

10 HORESTONE RISE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 10 on HORESTONE RISE.