20, CEDAR WOOD DRIVE, SEAVIEW, PO34 5JH - £245,000

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.

20 CEDAR WOOD DRIVE is a midsized detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £383,516. It was last sold for £245,000 in August 2014, which was around 6% below the average August 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

20 CEDAR WOOD DRIVE Sold Prices

Land registry data shows four sales for 20 CEDAR WOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 20 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
2014 5 AUG	£245,000	£260,076	6% below HPI
2010 6 SEP	£240,000	£255,280	6% below HPI
1999 22 JAN	£89,450	£91,777	3% below HPI
1996 28 JUN	£50,000	£67,673	26% below HPI

20 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 four 20 CEDAR WOOD DRIVE sales between June 1996 and August 2014 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 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2014 sale, which was also at 6% below the HPI.

What might 20 CEDAR WOOD DRIVE be worth now?

20 CEDAR WOOD DRIVE might now be worth an estimated £383,516.

This is based on house price inflation of 56.5%, between August 2014 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 56.5% inflationary increase is applied to the most recent sale price for 20 CEDAR WOOD DRIVE of £245,000 on 5th August 2014. For the value to have increased from £245,000 to £383,516 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 20 CEDAR WOOD DRIVE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 20 CEDAR WOOD DRIVE has not materially changed since August 2014.

How Large is 20 CEDAR WOOD DRIVE?

20 CEDAR WOOD DRIVE is 105m² according to the EPC inspection conducted in July 2009. This puts it in the largest 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 20 CEDAR WOOD DRIVE lies on this distribution: 57% of detached houses houses are smaller than 20 CEDAR WOOD DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

20 CEDAR WOOD DRIVE: Plot and Title Map

20 CEDAR WOOD DRIVE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 20 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 20 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 20 CEDAR WOOD DRIVE?

20 CEDAR WOOD DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 20 on CEDAR WOOD DRIVE.