THE DREY, SEAVIEW LANE, SEAVIEW, PO34 5DG - £440,000

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

THE DREY is a midsized detached house of 103m², built sometime between 1950 and 1966. It was last sold for £440,000 in July 2014, which was around 64% above the average July 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2010, where the current energy rating was F, and the potential energy rating was E.

THE DREY Sold Prices

Land registry data shows four sales for THE DREY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the four THE DREY 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
2014 14 JUL	£440,000	£267,928	64% above HPI
2012 1 JUN	£250,000	£255,713	2% below HPI
2008 20 MAR	£235,000	£262,770	11% below HPI
1995 20 DEC	£61,000	£69,849	13% below HPI

THE DREY 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 four THE DREY sales between December 1995 and July 2014 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 June 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2014 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is THE DREY?

THE DREY is 103m² according to the EPC inspection conducted in October 2010. This puts it in the largest 50% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where THE DREY lies on this distribution: 56% of detached houses are smaller than THE DREY, and 44% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

THE DREY: Plot and Title Map

THE DREY sits on a plot of roughly 0.209 of an acre, or 847m². The below map shows the location of THE DREY, 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 THE DREY). 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 THE DREY?

THE DREY is located on SEAVIEW LANE in SEAVIEW, in the PO34 postcode district. The below map shows the position of THE DREY on SEAVIEW LANE.