7, ASHTREE WAY, SEAVIEW, PO34 5JQ - £250,000

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.

7 ASHTREE WAY is a small detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £358,847. It was last sold for £250,000 in July 2016, which was around 12% below the average July 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

7 ASHTREE WAY Sold Prices

Land registry data shows two sales for 7 ASHTREE WAY 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 7 ASHTREE WAY sales was for below the average price, whilst the other was roughly equal to 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
2016 26 JUL	£250,000	£283,628	12% below HPI
2001 15 AUG	£140,000	£140,267	Close to HPI

7 ASHTREE WAY 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 7 ASHTREE WAY sales from August 2001 and July 2016 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 2001 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 7 ASHTREE WAY be worth now?

7 ASHTREE WAY might now be worth an estimated £358,847.

This is based on house price inflation of 43.5%, between July 2016 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 43.5% inflationary increase is applied to the most recent sale price for 7 ASHTREE WAY of £250,000 on 26th July 2016. For the value to have increased from £250,000 to £358,847 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 7 ASHTREE WAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2016 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ASHTREE WAY has not materially changed since July 2016.

How Large is 7 ASHTREE WAY?

7 ASHTREE WAY is 86m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 40% 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 7 ASHTREE WAY lies on this distribution: 31% of detached houses houses are smaller than 7 ASHTREE WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

7 ASHTREE WAY: Plot and Title Map

7 ASHTREE WAY sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 7 ASHTREE WAY, 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 7 ASHTREE WAY). 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 7 ASHTREE WAY?

7 ASHTREE WAY is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 7 on ASHTREE WAY.