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
GLEN COTTAGE is a large extended detached house of 120m², built sometime between 1900 and 1929. It was last sold for £395,000 in November 2018, which was around 23% above the average November 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for GLEN COTTAGE 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 GLEN COTTAGE 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 |
---|---|---|---|
2018 30 NOV | £395,000 | £319,862 | 23% above HPI |
2016 31 OCT | £395,000 | £291,518 | 35% above 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 GLEN COTTAGE sales from October 2016 and November 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 October 2016 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2018 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
GLEN COTTAGE is 120m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where GLEN COTTAGE lies on this distribution: 70% of detached houses are smaller than GLEN COTTAGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.
GLEN COTTAGE sits on a plot of roughly 0.294 of an acre, or 1,191m². The below map shows the location of GLEN COTTAGE, 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 GLEN COTTAGE). 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.
GLEN COTTAGE is located on GULLY ROAD in SEAVIEW, in the PO34 postcode district. The below map shows the position of GLEN COTTAGE on GULLY ROAD.