LAUREL LODGE, GULLY ROAD, SEAVIEW, PO34 5BY - £350,000

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

LAUREL LODGE is a midsized detached house of 95m², built sometime between 1983 and 1990. It was last sold for £350,000 in October 2018, which was around 10% above the average October 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

LAUREL LODGE Sold Prices

Land registry data shows two sales for LAUREL LODGE 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 LAUREL LODGE 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
2018 29 OCT	£350,000	£318,164	10% above HPI
2015 23 OCT	£250,000	£286,326	13% below HPI

LAUREL LODGE 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 LAUREL LODGE sales from October 2015 and October 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 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is LAUREL LODGE?

LAUREL LODGE is 95m² according to the EPC inspection conducted in February 2013. 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 LAUREL LODGE lies on this distribution: 45% of detached houses are smaller than LAUREL LODGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

LAUREL LODGE: Plot and Title Map

LAUREL LODGE sits on a plot of roughly 0.153 of an acre, or 617m². The below map shows the location of LAUREL LODGE, 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 LAUREL LODGE). 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 LAUREL LODGE?

LAUREL LODGE is located on GULLY ROAD in SEAVIEW, in the PO34 postcode district. The below map shows the position of LAUREL LODGE on GULLY ROAD.