41, HORESTONE DRIVE, SEAVIEW, PO34 5DD - £525,000

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

41 HORESTONE DRIVE is a large detached house of 115m², built sometime between 1983 and 1990. It was last sold for £525,000 in August 2023, which was around 24% above the average August 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

41 HORESTONE DRIVE Sold Prices

Land registry data shows three sales for 41 HORESTONE DRIVE since 1^st 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. All of the three 41 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
2023 25 AUG	£525,000	£421,947	24% above HPI
2006 27 APR	£293,820	£238,655	23% above HPI
1999 9 SEP	£125,000	£103,136	21% above HPI

41 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 three 41 HORESTONE DRIVE sales between September 1999 and August 2023 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 April 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2023 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 41 HORESTONE DRIVE?

41 HORESTONE DRIVE is 115m² according to the EPC inspection conducted in October 2022. This puts it in the largest 40% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where 41 HORESTONE DRIVE lies on this distribution: 67% of detached houses are smaller than 41 HORESTONE DRIVE, and 33% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

41 HORESTONE DRIVE: Plot and Title Map

41 HORESTONE DRIVE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 41 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 41 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 41 HORESTONE DRIVE?

41 HORESTONE DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 41 on HORESTONE DRIVE.