SANTA CRUZ, PRIORY DRIVE, SEAVIEW, PO34 5EA - £302,000

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.

SANTA CRUZ is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £365,125. It was last sold for £302,000 in September 2020, which was around 10% below the average September 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

SANTA CRUZ Sold Prices

Land registry data shows two sales for SANTA CRUZ 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 SANTA CRUZ sales were 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
2020 22 SEP	£302,000	£336,731	10% below HPI
2016 29 JUL	£212,000	£283,628	25% below HPI

SANTA CRUZ 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 SANTA CRUZ sales from July 2016 and September 2020 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 July 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2020 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might SANTA CRUZ be worth now?

SANTA CRUZ might now be worth an estimated £365,125.

This is based on house price inflation of 20.9%, between September 2020 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 20.9% inflationary increase is applied to the most recent sale price for SANTA CRUZ of £302,000 on 22nd September 2020. For the value to have increased from £302,000 to £365,125 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of SANTA CRUZ has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2020 sale price of £302,000 represented a fair market value for the property.
• The size, condition, and specification of SANTA CRUZ has not materially changed since September 2020.

How Large is SANTA CRUZ?

SANTA CRUZ is 78m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% of detached houses houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nettlestone, and where SANTA CRUZ lies on this distribution: 17% of detached houses houses are smaller than SANTA CRUZ, and 82% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

SANTA CRUZ: Plot and Title Map

SANTA CRUZ sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of SANTA CRUZ, 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 SANTA CRUZ). 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 SANTA CRUZ?

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