GARICK HOUSE, GULLY ROAD, SEAVIEW, PO34 5BY - £530,000

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

GARICK HOUSE is a very large extended detached house of 241m², built sometime between 1996 and 2002. It was last sold for £530,000 in August 2019, which was around 62% above the average August 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

GARICK HOUSE Sold Prices

Land registry data shows two sales for GARICK HOUSE 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 GARICK HOUSE 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
2019 28 AUG	£530,000	£326,313	62% above HPI
2011 1 APR	£465,000	£252,605	84% above HPI

GARICK HOUSE 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 GARICK HOUSE sales from April 2011 and August 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 April 2011 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the August 2019 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is GARICK HOUSE?

GARICK HOUSE is 241m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 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 GARICK HOUSE lies on this distribution: 99% of detached houses are smaller than GARICK HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

GARICK HOUSE: Plot and Title Map

GARICK HOUSE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of GARICK HOUSE, 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 GARICK HOUSE). 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 GARICK HOUSE?

GARICK HOUSE is located on GULLY ROAD in SEAVIEW, in the PO34 postcode district. The below map shows the position of GARICK HOUSE on GULLY ROAD.