GREEN RIDGES, PRIORY DRIVE, SEAVIEW, PO34 5EA - £340,000

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

GREEN RIDGES is a large extended detached house of 131m², built sometime between 1983 and 1990. It was last sold for £340,000 in August 2015, which was around 22% above the average August 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

GREEN RIDGES Sold Prices

Land registry data shows two sales for GREEN RIDGES 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. One of the two GREEN RIDGES sales was for above the average price, whilst the other was 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
2015 26 AUG	£340,000	£279,826	22% above HPI
2008 24 OCT	£225,000	£248,604	9% below HPI

GREEN RIDGES 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 GREEN RIDGES sales from October 2008 and August 2015 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 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is GREEN RIDGES?

GREEN RIDGES is 131m², which includes one extension, according to the EPC inspection conducted in July 2024. 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 GREEN RIDGES lies on this distribution: 75% of detached houses are smaller than GREEN RIDGES, and 25% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

GREEN RIDGES: Plot and Title Map

GREEN RIDGES sits on a plot of roughly 0.321 of an acre, or 1,301m². The below map shows the location of GREEN RIDGES, 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 GREEN RIDGES). 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 GREEN RIDGES?

GREEN RIDGES is located on PRIORY DRIVE in SEAVIEW, in the PO34 postcode district. The below map shows the position of GREEN RIDGES on PRIORY DRIVE.