GREENWAYS, PRIORY DRIVE, SEAVIEW, PO34 5EA - £491,000

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

GREENWAYS is a midsized extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £491,000 in June 2021, which was around 33% above the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

GREENWAYS Sold Prices

Land registry data shows three sales for GREENWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three GREENWAYS sales were for above the average price, whilst one 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
2021 30 JUN	£491,000	£369,466	33% above HPI
2009 11 DEC	£337,500	£249,306	35% above HPI
2008 7 JAN	£250,000	£268,398	7% below HPI

GREENWAYS 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 three GREENWAYS sales between January 2008 and June 2021 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 December 2009 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2021 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is GREENWAYS?

GREENWAYS is 91m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 50% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where GREENWAYS lies on this distribution: 41% of detached houses are smaller than GREENWAYS, and 59% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of GREENWAYS, 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 GREENWAYS). 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 GREENWAYS?

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