6, HORESTONE RISE, SEAVIEW, PO34 5DA - £285,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 HORESTONE RISE is a small detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £423,471. It was last sold for £285,000 in August 2015, which was around 4% above the average August 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

6 HORESTONE RISE Sold Prices

Land registry data shows two sales for 6 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 6 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
2015 14 AUG	£285,000	£273,993	4% above HPI
2005 22 DEC	£205,000	£234,411	13% below HPI

6 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 6 HORESTONE RISE sales from December 2005 and August 2015 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 December 2005 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 6 HORESTONE RISE be worth now?

6 HORESTONE RISE might now be worth an estimated £423,471.

This is based on house price inflation of 48.6%, between August 2015 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48.6% inflationary increase is applied to the most recent sale price for 6 HORESTONE RISE of £285,000 on 14th August 2015. For the value to have increased from £285,000 to £423,471 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 6 HORESTONE RISE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 6 HORESTONE RISE has not materially changed since August 2015.

How Large is 6 HORESTONE RISE?

6 HORESTONE RISE is 84m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nettlestone, and where 6 HORESTONE RISE lies on this distribution: 27% of detached houses houses are smaller than 6 HORESTONE RISE, and 71% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

6 HORESTONE RISE: Plot and Title Map

6 HORESTONE RISE sits on a plot of roughly 0.139 of an acre, or 562m². The below map shows the location of 6 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 6 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 6 HORESTONE RISE?

6 HORESTONE RISE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 6 on HORESTONE RISE.