NORTH LODGE, BLUETT AVENUE, SEAVIEW, PO34 5HE - £975,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NORTH LODGE is a very large extended detached house of 252m², built sometime between 1900 and 1929, which could now be worth an estimated £1,563,912. It was last sold for £975,000 in November 2013, which was around 284% above the average November 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

NORTH LODGE Sold Prices

Land registry data shows two sales for NORTH 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. Both of the two NORTH LODGE 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
2013 18 NOV	£975,000	£253,811	284% above HPI
2007 19 APR	£807,000	£254,087	218% above HPI

NORTH 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 NORTH LODGE sales from April 2007 and November 2013 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 2007 sale was for 218% above the HPI. So the extrapolation line tracks at 218% above the HPI over time, until the November 2013 sale, where it rises to 284% above the HPI. The line then continues to track at 284% above the HPI.

What might NORTH LODGE be worth now?

NORTH LODGE might now be worth an estimated £1,563,912.

This is based on house price inflation of 60.4%, between November 2013 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 60.4% inflationary increase is applied to the most recent sale price for NORTH LODGE of £975,000 on 18th November 2013. For the value to have increased from £975,000 to £1,563,912 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of NORTH LODGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2013 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of NORTH LODGE has not materially changed since November 2013.

How Large is NORTH LODGE?

NORTH LODGE is 252m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses houses in Seaview, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaview, and where NORTH LODGE lies on this distribution: 89% of detached houses houses are smaller than NORTH LODGE, and 11% of houses are larger. Note that EPC data is not available for all properties in Seaview.

NORTH LODGE: Plot and Title Map

NORTH LODGE sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of NORTH 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 NORTH 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 NORTH LODGE?

NORTH LODGE is located on BLUETT AVENUE in SEAVIEW, in the PO34 postcode district. The below map shows the position of NORTH LODGE on BLUETT AVENUE.