12, CEDAR WOOD DRIVE, SEAVIEW, PO34 5JH - £315,000

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

12 CEDAR WOOD DRIVE is a small detached house of 83m², built sometime between 1950 and 1966. It was last sold for £315,000 in May 2019, which was around 2% below the average May 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

12 CEDAR WOOD DRIVE Sold Prices

Land registry data shows two sales for 12 CEDAR WOOD 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. Both of the two 12 CEDAR WOOD DRIVE 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
2019 15 MAY	£315,000	£322,742	2% below HPI
2016 9 SEP	£255,000	£295,772	14% below HPI

12 CEDAR WOOD 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 12 CEDAR WOOD DRIVE sales from September 2016 and May 2019 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 September 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 12 CEDAR WOOD DRIVE?

12 CEDAR WOOD DRIVE is 83m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where 12 CEDAR WOOD DRIVE lies on this distribution: 25% of detached houses are smaller than 12 CEDAR WOOD DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

12 CEDAR WOOD DRIVE: Plot and Title Map

12 CEDAR WOOD DRIVE sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 12 CEDAR WOOD 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 12 CEDAR WOOD 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 12 CEDAR WOOD DRIVE?

12 CEDAR WOOD DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 12 on CEDAR WOOD DRIVE.