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 CEDAR WOOD DRIVE is a midsized detached house of 91m², built sometime between 1967 and 1975. It was last sold for £266,180 in January 2015, which was around 1% below the average January 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 CEDAR WOOD DRIVE since 1st 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 8 CEDAR WOOD DRIVE 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 |
---|---|---|---|
2015 9 JAN | £266,180 | £268,058 | 1% below HPI |
2008 17 OCT | £230,000 | £248,604 | 7% below HPI |
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 8 CEDAR WOOD DRIVE sales from October 2008 and January 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 October 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
8 CEDAR WOOD DRIVE is 91m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 50% 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 CEDAR WOOD DRIVE lies on this distribution: 42% of detached houses are smaller than 8 CEDAR WOOD DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.
8 CEDAR WOOD DRIVE sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of 8 CEDAR WOOD DRIVE, 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 CEDAR WOOD DRIVE). 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.
8 CEDAR WOOD DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 8 on CEDAR WOOD DRIVE.