7, HORESTONE RISE, SEAVIEW, PO34 5DB - £248,000

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 HORESTONE RISE is a very large extended detached house of 147m², built sometime between 1983 and 1990. It was last sold for £248,000 in March 2004, which was around 18% above the average March 2004 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

7 HORESTONE RISE Sold Prices

Land registry data shows two sales for 7 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. Both of the two 7 HORESTONE 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
2004 16 MAR	£248,000	£210,671	18% above HPI
1996 31 OCT	£96,000	£71,010	35% above HPI

7 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 7 HORESTONE RISE sales from October 1996 and March 2004 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 1996 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2004 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 7 HORESTONE RISE?

7 HORESTONE RISE is 147m², which includes one extension, according to the EPC inspection conducted in March 2023. 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 HORESTONE RISE lies on this distribution: 84% of detached houses are smaller than 7 HORESTONE RISE, and 15% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

7 HORESTONE RISE: Plot and Title Map

7 HORESTONE RISE sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of 7 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 7 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 7 HORESTONE RISE?

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