8, ASHTREE WAY, SEAVIEW, PO34 5JQ - £290,000

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

8 ASHTREE WAY is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £290,000 in September 2019, which was around 11% below the average September 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

8 ASHTREE WAY Sold Prices

Land registry data shows five sales for 8 ASHTREE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 8 ASHTREE WAY sales were 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
2019 5 SEP	£290,000	£324,960	11% below HPI
2019 28 JUN	£285,000	£324,760	12% below HPI
2013 16 OCT	£235,000	£255,998	8% below HPI
2007 3 SEP	£215,000	£270,242	20% below HPI
1997 10 FEB	£59,000	£72,738	19% below HPI

8 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 five 8 ASHTREE WAY sales between February 1997 and September 2019 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 June 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 ASHTREE WAY?

8 ASHTREE WAY is 70m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where 8 ASHTREE WAY lies on this distribution: 6% of detached houses are smaller than 8 ASHTREE WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

8 ASHTREE WAY: Plot and Title Map

8 ASHTREE WAY sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 8 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 8 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 8 ASHTREE WAY?

8 ASHTREE WAY is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 8 on ASHTREE WAY.