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
34 HORESTONE RISE is a very large extended detached house of 166m², built sometime between 1983 and 1990. It was last sold for £731,500 in June 2022, which was around 73% above the average June 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 34 HORESTONE RISE since 1st 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 34 HORESTONE RISE sales were 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 |
---|---|---|---|
2022 10 JUN | £731,500 | £423,043 | 73% above HPI |
2015 16 OCT | £365,000 | £286,326 | 27% 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 two 34 HORESTONE RISE sales from October 2015 and June 2022 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 October 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2022 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.
34 HORESTONE RISE is 166m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 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 34 HORESTONE RISE lies on this distribution: 92% of detached houses are smaller than 34 HORESTONE RISE, and 8% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.
34 HORESTONE RISE sits on a plot of roughly 0.204 of an acre, or 827m². The below map shows the location of 34 HORESTONE RISE, 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 34 HORESTONE RISE). 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.
34 HORESTONE RISE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 34 on HORESTONE RISE.