HIGH VENTURE, PRIORY DRIVE, SEAVIEW, PO34 5EA - £345,000

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

HIGH VENTURE is a large detached house of 117m², built sometime between 1967 and 1975. It was last sold for £345,000 in February 2021, which was around 5% below the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was A.

HIGH VENTURE Sold Prices

Land registry data shows five sales for HIGH VENTURE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The five HIGH VENTURE sales were a mix of below the average price, roughly equal to the average price, and 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
2021 22 FEB	£345,000	£363,833	5% below HPI
2006 24 MAR	£280,000	£237,904	18% above HPI
2002 18 SEP	£199,950	£175,887	14% above HPI
2001 10 JUL	£141,950	£141,991	Close to HPI
1999 10 SEP	£97,950	£103,136	5% below HPI

HIGH VENTURE 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 five HIGH VENTURE sales between September 1999 and February 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 March 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is HIGH VENTURE?

HIGH VENTURE is 117m² according to the EPC inspection conducted in January 2024. This puts it in the largest 40% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where HIGH VENTURE lies on this distribution: 68% of detached houses are smaller than HIGH VENTURE, and 31% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

HIGH VENTURE: Plot and Title Map

HIGH VENTURE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of HIGH VENTURE, 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 HIGH VENTURE). 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 HIGH VENTURE?

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