38, HORESTONE DRIVE, SEAVIEW, PO34 5DD - £580,000

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

38 HORESTONE DRIVE is a large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £580,000 in July 2022, which was around 37% above the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

38 HORESTONE DRIVE Sold Prices

Land registry data shows four sales for 38 HORESTONE 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 38 HORESTONE DRIVE 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 21 JUL	£580,000	£424,658	37% above HPI
2011 30 JUN	£310,000	£251,171	23% above HPI
2006 15 DEC	£304,125	£253,266	20% above HPI
1999 4 NOV	£157,000	£107,969	45% above HPI

38 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 four 38 HORESTONE DRIVE sales between November 1999 and July 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 June 2011 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the July 2022 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 38 HORESTONE DRIVE?

38 HORESTONE DRIVE is 135m² according to the EPC inspection conducted in March 2018. 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 38 HORESTONE DRIVE lies on this distribution: 76% of detached houses are smaller than 38 HORESTONE DRIVE, and 24% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

38 HORESTONE DRIVE: Plot and Title Map

38 HORESTONE DRIVE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 38 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 38 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 38 HORESTONE DRIVE?

38 HORESTONE DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 38 on HORESTONE DRIVE.