STONECROFT, GULLY ROAD, SEAVIEW, PO34 5BY - £320,000

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.

STONECROFT is a small detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £521,257. It was last sold for £320,000 in August 2010, which was around 28% above the average August 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

STONECROFT Sold Prices

Land registry data shows three sales for STONECROFT 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 STONECROFT 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
2010 26 AUG	£320,000	£249,929	28% above HPI
2004 24 FEB	£250,000	£204,005	23% above HPI
2002 18 JUL	£174,000	£164,211	6% above HPI

STONECROFT 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 STONECROFT sales between July 2002 and August 2010 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 February 2004 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2010 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might STONECROFT be worth now?

STONECROFT might now be worth an estimated £521,257.

This is based on house price inflation of 62.9%, between August 2010 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 62.9% inflationary increase is applied to the most recent sale price for STONECROFT of £320,000 on 26th August 2010. For the value to have increased from £320,000 to £521,257 over the fifteen years and six months to February 2025, the following assumptions must hold true:

• The value of STONECROFT has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2010 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of STONECROFT has not materially changed since August 2010.

How Large is STONECROFT?

STONECROFT is 82m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% 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 STONECROFT lies on this distribution: 22% of detached houses houses are smaller than STONECROFT, and 78% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

STONECROFT: Plot and Title Map

STONECROFT sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of STONECROFT, 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 STONECROFT). 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 STONECROFT?

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