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

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

STONECROFT is a small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £320,000 in August 2010, which was around 25% 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	£255,250	25% above HPI
2004 24 FEB	£250,000	£208,348	20% above HPI
2002 18 JUL	£174,000	£167,707	4% 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 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the August 2010 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

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 in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where STONECROFT lies on this distribution: 23% of detached houses are smaller than STONECROFT, and 77% 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.