CEDAR CREST, GALLEY LANE, BRIGHSTONE, NEWPORT, PO30 4BS - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CEDAR CREST is a midsized extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £462,535. It was last sold for £450,000 in November 2021, which was around 15% above the average November 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was B.

CEDAR CREST Sold Prices

Land registry data shows two sales for CEDAR CREST 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 CEDAR CREST 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
2021 18 NOV	£450,000	£390,204	15% above HPI
2015 5 NOV	£290,000	£280,180	4% above HPI

CEDAR CREST 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 CEDAR CREST sales from November 2015 and November 2021 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 November 2015 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might CEDAR CREST be worth now?

CEDAR CREST might now be worth an estimated £462,535.

This is based on house price inflation of 2.8%, between November 2021 and December 2024, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% inflationary increase is applied to the most recent sale price for CEDAR CREST of £450,000 on 18th November 2021. For the value to have increased from £450,000 to £462,535 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of CEDAR CREST has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of CEDAR CREST has not materially changed since November 2021.

How Large is CEDAR CREST?

CEDAR CREST is 102m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses houses in Brighstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighstone, and where CEDAR CREST lies on this distribution: 54% of detached houses houses are smaller than CEDAR CREST, and 45% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

CEDAR CREST: Plot and Title Map

CEDAR CREST sits on a plot of roughly 0.302 of an acre, or 1,223m². The below map shows the location of CEDAR CREST, 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 CEDAR CREST). 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 CEDAR CREST?

CEDAR CREST is located on GALLEY LANE in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of CEDAR CREST on GALLEY LANE.