12, HORESTONE RISE, SEAVIEW, PO34 5DB - £340,000

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 HORESTONE RISE is a midsized extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £340,000 in November 2016, which was around 17% above the average November 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

12 HORESTONE RISE Sold Prices

Land registry data shows three sales for 12 HORESTONE RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three 12 HORESTONE RISE sales were for above the average price, whilst one 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
2016 8 NOV	£340,000	£290,578	17% above HPI
2004 19 JAN	£212,500	£209,766	1% above HPI
1996 28 NOV	£69,000	£70,517	2% below HPI

12 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 three 12 HORESTONE RISE sales between November 1996 and November 2016 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 2004 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2016 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 12 HORESTONE RISE?

12 HORESTONE RISE is 102m², which includes three extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 50% 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 HORESTONE RISE lies on this distribution: 53% of detached houses are smaller than 12 HORESTONE RISE, and 46% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

12 HORESTONE RISE: Plot and Title Map

12 HORESTONE RISE sits on a plot of roughly 0.156 of an acre, or 631m². The below map shows the location of 12 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 12 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 12 HORESTONE RISE?

12 HORESTONE RISE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 12 on HORESTONE RISE.