GLEN COTTAGE, GULLY ROAD, SEAVIEW, PO34 5BY - £395,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GLEN COTTAGE is a large extended detached house of 120m², built sometime between 1900 and 1929, which could now be worth an estimated £513,453. It was last sold for £395,000 in November 2018, which was around 26% 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.

GLEN COTTAGE Sold Prices

Land registry data shows two sales for GLEN COTTAGE 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 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	£313,195	26% above HPI
2016 31 OCT	£395,000	£285,442	38% above HPI

GLEN COTTAGE 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 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 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2018 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might GLEN COTTAGE be worth now?

GLEN COTTAGE might now be worth an estimated £513,453.

This is based on house price inflation of 30%, between November 2018 and February 2025, 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 30% inflationary increase is applied to the most recent sale price for GLEN COTTAGE of £395,000 on 30th November 2018. For the value to have increased from £395,000 to £513,453 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of GLEN COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2018 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of GLEN COTTAGE has not materially changed since November 2018.

How Large is GLEN COTTAGE?

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 houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nettlestone, and where GLEN COTTAGE lies on this distribution: 70% of detached houses 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: Plot and Title Map

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.

Where is GLEN COTTAGE?

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.