SAYE HOUSE, GULLY ROAD, SEAVIEW, PO34 5BY - £596,000

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.

SAYE HOUSE is a very large extended detached house of 171m², built sometime from 2007 onwards, which could now be worth an estimated £703,442. It was last sold for £596,000 in October 2020, which was around 73% above the average October 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

SAYE HOUSE Sold Prices

Land registry data shows three sales for SAYE HOUSE 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. All of the three SAYE HOUSE 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
2020 19 OCT	£596,000	£344,934	73% above HPI
2010 12 NOV	£463,500	£250,003	85% above HPI
2005 14 MAR	£445,000	£233,021	91% above HPI

SAYE HOUSE 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 SAYE HOUSE sales between March 2005 and October 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 November 2010 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the October 2020 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might SAYE HOUSE be worth now?

SAYE HOUSE might now be worth an estimated £703,442.

This is based on house price inflation of 18%, between October 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 18% inflationary increase is applied to the most recent sale price for SAYE HOUSE of £596,000 on 19th October 2020. For the value to have increased from £596,000 to £703,442 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of SAYE HOUSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2020 sale price of £596,000 represented a fair market value for the property.
• The size, condition, and specification of SAYE HOUSE has not materially changed since October 2020.

How Large is SAYE HOUSE?

SAYE HOUSE is 171m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 10% 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 SAYE HOUSE lies on this distribution: 94% of detached houses houses are smaller than SAYE HOUSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

SAYE HOUSE: Plot and Title Map

SAYE HOUSE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of SAYE HOUSE, 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 SAYE HOUSE). 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 SAYE HOUSE?

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