15, ASHTREE WAY, SEAVIEW, PO34 5JQ - £192,500

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.

15 ASHTREE WAY is a midsized extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £308,037. It was last sold for £192,500 in March 2015, which was around 24% below the average March 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

15 ASHTREE WAY Sold Prices

Land registry data shows two sales for 15 ASHTREE WAY 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 15 ASHTREE WAY 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
2015 26 MAR	£192,500	£254,417	24% below HPI
2002 22 MAY	£139,500	£155,222	10% below HPI

15 ASHTREE WAY 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 15 ASHTREE WAY sales from May 2002 and March 2015 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 May 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2015 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 15 ASHTREE WAY be worth now?

15 ASHTREE WAY might now be worth an estimated £308,037.

This is based on house price inflation of 60%, between March 2015 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 60% inflationary increase is applied to the most recent sale price for 15 ASHTREE WAY of £192,500 on 26th March 2015. For the value to have increased from £192,500 to £308,037 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 15 ASHTREE WAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2015 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 15 ASHTREE WAY has not materially changed since March 2015.

How Large is 15 ASHTREE WAY?

15 ASHTREE WAY is 94m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 15 ASHTREE WAY lies on this distribution: 44% of detached houses houses are smaller than 15 ASHTREE WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

15 ASHTREE WAY: Plot and Title Map

15 ASHTREE WAY sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 15 ASHTREE WAY, 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 15 ASHTREE WAY). 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 15 ASHTREE WAY?

15 ASHTREE WAY is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 15 on ASHTREE WAY.