2, HORESTONE DRIVE, SEAVIEW, PO34 5DD - £225,000

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

2 HORESTONE DRIVE is a very small extended detached house of 67m², built sometime between 1967 and 1975. It was last sold for £225,000 in October 2012, which was around 11% below the average October 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

2 HORESTONE DRIVE Sold Prices

Land registry data shows two sales for 2 HORESTONE 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. One of the two 2 HORESTONE DRIVE sales was for below the average price, whilst the other was for above 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
2012 17 OCT	£225,000	£253,026	11% below HPI
1997 5 SEP	£86,500	£81,314	6% above HPI

2 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 two 2 HORESTONE DRIVE sales from September 1997 and October 2012 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 September 1997 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2012 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 HORESTONE DRIVE?

2 HORESTONE DRIVE is 67m², which includes one extension, according to the EPC inspection conducted in November 2009. 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 2 HORESTONE DRIVE lies on this distribution: 3% of detached houses are smaller than 2 HORESTONE DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

2 HORESTONE DRIVE: Plot and Title Map

2 HORESTONE DRIVE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of 2 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 2 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 2 HORESTONE DRIVE?

2 HORESTONE DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 2 on HORESTONE DRIVE.