55, ORCHARD ROAD, SEAVIEW, PO34 5JN - £285,000

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

55 ORCHARD ROAD is a small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £285,000 in February 2017, which was around 3% below the average February 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

55 ORCHARD ROAD Sold Prices

Land registry data shows two sales for 55 ORCHARD ROAD 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. Both of the two 55 ORCHARD ROAD sales were 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
2017 3 FEB	£285,000	£295,207	3% below HPI
2014 30 OCT	£242,500	£271,407	11% below HPI

55 ORCHARD ROAD 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 55 ORCHARD ROAD sales from October 2014 and February 2017 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 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2017 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 55 ORCHARD ROAD?

55 ORCHARD ROAD is 82m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 55 ORCHARD ROAD lies on this distribution: 24% of detached houses are smaller than 55 ORCHARD ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

55 ORCHARD ROAD: Plot and Title Map

55 ORCHARD ROAD sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 55 ORCHARD ROAD, 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 55 ORCHARD ROAD). 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 55 ORCHARD ROAD?

55 ORCHARD ROAD is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 55 on ORCHARD ROAD.