THE TIMBERS, EDDINGTON ROAD, SEAVIEW, PO34 5EB - £275,000

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 TIMBERS is a very large extended detached house of 187m², built sometime between 1930 and 1949. It was last sold for £275,000 in October 2008, which was around 11% above the average October 2008 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

THE TIMBERS Sold Prices

Land registry data shows two sales for THE TIMBERS 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. One of the two THE TIMBERS sales was for above the average price, whilst the other was 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
2008 13 OCT	£275,000	£248,604	11% above HPI
1995 21 MAR	£53,000	£68,969	23% below HPI

THE TIMBERS 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 THE TIMBERS sales from March 1995 and October 2008 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 March 1995 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2008 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is THE TIMBERS?

THE TIMBERS is 187m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% 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 TIMBERS lies on this distribution: 96% of detached houses are smaller than THE TIMBERS, and 4% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

THE TIMBERS: Plot and Title Map

THE TIMBERS sits on a plot of roughly 0.415 of an acre, or 1,678m². The below map shows the location of THE TIMBERS, 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 TIMBERS). 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 TIMBERS?

THE TIMBERS is located on EDDINGTON ROAD in SEAVIEW, in the PO34 postcode district. The below map shows the position of THE TIMBERS on EDDINGTON ROAD.