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 ROWAN TREE DRIVE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £208,000 in November 2013, which was around 20% below the average November 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 12 ROWAN TREE DRIVE since 1st 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 ROWAN TREE 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 |
---|---|---|---|
2013 5 NOV | £208,000 | £259,215 | 20% below HPI |
2004 5 MAR | £169,950 | £210,671 | 19% below HPI |
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 ROWAN TREE DRIVE sales from March 2004 and November 2013 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 March 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
12 ROWAN TREE DRIVE is 71m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% 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 ROWAN TREE DRIVE lies on this distribution: 8% of detached houses are smaller than 12 ROWAN TREE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.
12 ROWAN TREE DRIVE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 12 ROWAN TREE 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 ROWAN TREE 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.
12 ROWAN TREE DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 12 on ROWAN TREE DRIVE.