GREENTREES, GAGGERHILL LANE, BRIGHSTONE, NEWPORT, PO30 4DX - £420,000

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.

GREENTREES is a midsized extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £609,894. It was last sold for £420,000 in October 2015, which was around 50% above the average October 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

GREENTREES Sold Prices

Land registry data shows two sales for GREENTREES 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 GREENTREES 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
2015 29 OCT	£420,000	£280,358	50% above HPI
2004 21 APR	£310,000	£208,101	49% above HPI

GREENTREES 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 GREENTREES sales from April 2004 and October 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 April 2004 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the October 2015 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might GREENTREES be worth now?

GREENTREES might now be worth an estimated £609,894.

This is based on house price inflation of 45.2%, between October 2015 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 45.2% inflationary increase is applied to the most recent sale price for GREENTREES of £420,000 on 29th October 2015. For the value to have increased from £420,000 to £609,894 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of GREENTREES has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2015 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of GREENTREES has not materially changed since October 2015.

How Large is GREENTREES?

GREENTREES is 100m², which includes three extensions, according to the EPC inspection conducted in May 2015. 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 GREENTREES lies on this distribution: 49% of detached houses houses are smaller than GREENTREES, and 49% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

GREENTREES: Plot and Title Map

GREENTREES sits on a plot of roughly 0.460 of an acre, or 1,860m². The below map shows the location of GREENTREES, 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 GREENTREES). 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 GREENTREES?

GREENTREES is located on GAGGERHILL LANE in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of GREENTREES on GAGGERHILL LANE.