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

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

7 HERSEY RISE is a large detached house of 139m², built sometime between 1996 and 2002. It was last sold for £380,000 in July 2015, which was around 38% 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	£274,939	38% above HPI
1999 25 AUG	£149,950	£99,752	50% 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2015 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

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 in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where 7 HERSEY RISE lies on this distribution: 80% of detached 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.