8, CHERRYTREE ROAD, SEAVIEW, PO34 5JF - £270,000

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 CHERRYTREE ROAD is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £270,000 in January 2018, which was around 12% below the average January 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

8 CHERRYTREE ROAD Sold Prices

Land registry data shows five sales for 8 CHERRYTREE ROAD 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 CHERRYTREE ROAD 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
2018 22 JAN	£270,000	£305,686	12% below HPI
2010 24 AUG	£243,500	£255,250	5% below HPI
2002 2 AUG	£145,000	£169,911	15% below HPI
1998 12 JUN	£75,400	£87,069	13% below HPI
1995 25 JUL	£66,000	£68,479	4% below HPI

8 CHERRYTREE ROAD 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 CHERRYTREE ROAD sales between July 1995 and January 2018 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 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 CHERRYTREE ROAD?

8 CHERRYTREE ROAD is 86m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 40% 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 CHERRYTREE ROAD lies on this distribution: 31% of detached houses are smaller than 8 CHERRYTREE ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

8 CHERRYTREE ROAD: Plot and Title Map

8 CHERRYTREE ROAD sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 8 CHERRYTREE ROAD, 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 CHERRYTREE ROAD). 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 CHERRYTREE ROAD?

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