18, CEDAR WOOD DRIVE, SEAVIEW, PO34 5JH - £380,000

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

18 CEDAR WOOD DRIVE is a small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £380,000 in July 2024, which was around 6% below the average July 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2023, where the current energy rating was B, and the potential energy rating was A.

18 CEDAR WOOD DRIVE Sold Prices

Land registry data shows two sales for 18 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 18 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
2024 30 JUL	£380,000	£403,847	6% below HPI
1998 15 DEC	£67,000	£94,612	29% below HPI

18 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 18 CEDAR WOOD DRIVE sales from December 1998 and July 2024 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 December 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 18 CEDAR WOOD DRIVE?

18 CEDAR WOOD DRIVE is 89m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where 18 CEDAR WOOD DRIVE lies on this distribution: 37% of detached houses are smaller than 18 CEDAR WOOD DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

18 CEDAR WOOD DRIVE: Plot and Title Map

18 CEDAR WOOD DRIVE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 18 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 18 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 18 CEDAR WOOD DRIVE?

18 CEDAR WOOD DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 18 on CEDAR WOOD DRIVE.