7, HERSEY RISE, SEAVIEW, PO34 5LJ - £380,000

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 HERSEY RISE is a large detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £574,664. It was last sold for £380,000 in July 2015, which was around 41% above the average July 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

7 HERSEY RISE Sold Prices

Land registry data shows two sales for 7 HERSEY 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. Both of the two 7 HERSEY RISE 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
2015 16 JUL	£380,000	£269,208	41% above HPI
1999 25 AUG	£149,950	£97,672	54% above HPI

7 HERSEY 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 7 HERSEY RISE sales from August 1999 and July 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 August 1999 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the July 2015 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 7 HERSEY RISE be worth now?

7 HERSEY RISE might now be worth an estimated £574,664.

This is based on house price inflation of 51.2%, between July 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 51.2% inflationary increase is applied to the most recent sale price for 7 HERSEY RISE of £380,000 on 16th July 2015. For the value to have increased from £380,000 to £574,664 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 7 HERSEY RISE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2015 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HERSEY RISE has not materially changed since July 2015.

How Large is 7 HERSEY RISE?

7 HERSEY RISE is 139m² according to the EPC inspection conducted in February 2014. This puts it in the largest 20% 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 HERSEY RISE lies on this distribution: 80% of detached houses houses are smaller than 7 HERSEY RISE, and 20% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

7 HERSEY RISE: Plot and Title Map

7 HERSEY RISE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 7 HERSEY 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 7 HERSEY 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 7 HERSEY RISE?

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