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
31 ROWAN TREE DRIVE is a large detached house of 125m², built sometime between 1976 and 1982. It was last sold for £250,000 in October 2013, which was around 2% below the average October 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 31 ROWAN TREE DRIVE since 1st 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. The three 31 ROWAN TREE DRIVE sales were a mix of below the average price, roughly equal to the average price, and 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 |
---|---|---|---|
2013 21 OCT | £250,000 | £255,998 | 2% below HPI |
2010 29 JAN | £249,950 | £251,088 | Close to HPI |
1998 21 AUG | £98,500 | £90,144 | 9% above HPI |
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 31 ROWAN TREE DRIVE sales between August 1998 and October 2013 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 January 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2013 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
31 ROWAN TREE DRIVE is 125m² according to the EPC inspection conducted in February 2024. This puts it in the largest 30% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where 31 ROWAN TREE DRIVE lies on this distribution: 72% of detached houses are smaller than 31 ROWAN TREE DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.
31 ROWAN TREE DRIVE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 31 ROWAN TREE 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 31 ROWAN TREE 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.
31 ROWAN TREE DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 31 on ROWAN TREE DRIVE.