14, HORESTONE DRIVE, SEAVIEW, PO34 5DD - £287,500

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

14 HORESTONE DRIVE is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £287,500 in September 2019, which was around 12% below the average September 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2014, where the current energy rating was F, and the potential energy rating was B.

14 HORESTONE DRIVE Sold Prices

Land registry data shows three sales for 14 HORESTONE DRIVE 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. All of the three 14 HORESTONE 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 11 SEP	£287,500	£324,960	12% below HPI
2014 14 NOV	£190,000	£270,781	30% below HPI
1996 18 DEC	£65,000	£71,212	9% below HPI

14 HORESTONE 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 three 14 HORESTONE DRIVE sales between December 1996 and September 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 November 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2019 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 14 HORESTONE DRIVE?

14 HORESTONE DRIVE is 75m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where 14 HORESTONE DRIVE lies on this distribution: 12% of detached houses are smaller than 14 HORESTONE DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

14 HORESTONE DRIVE: Plot and Title Map

14 HORESTONE DRIVE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 14 HORESTONE 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 14 HORESTONE 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 14 HORESTONE DRIVE?

14 HORESTONE DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 14 on HORESTONE DRIVE.