5, HORESTONE RISE, SEAVIEW, PO34 5DB - £480,000

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

5 HORESTONE RISE is a very small detached house of 55m², built sometime between 1950 and 1966. It was last sold for £480,000 in December 2021, which was around 19% above the average December 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2010, where the current energy rating was G, and the potential energy rating was G.

5 HORESTONE RISE Sold Prices

Land registry data shows two sales for 5 HORESTONE RISE since 1^st 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. One of the two 5 HORESTONE RISE sales was for above the average price, whilst the other was 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
2021 3 DEC	£480,000	£402,556	19% above HPI
2010 25 AUG	£225,000	£255,250	12% below HPI

5 HORESTONE RISE 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 two 5 HORESTONE RISE sales from August 2010 and December 2021 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 August 2010 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 5 HORESTONE RISE?

5 HORESTONE RISE is 55m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 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 5 HORESTONE RISE lies on this distribution: Less than 1% of detached houses are smaller than 5 HORESTONE RISE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

5 HORESTONE RISE: Plot and Title Map

5 HORESTONE RISE sits on a plot of roughly 0.190 of an acre, or 768m². The below map shows the location of 5 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 5 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.

Where is 5 HORESTONE RISE?

5 HORESTONE RISE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 5 on HORESTONE RISE.