TIMBUKTU, FAIRY ROAD, SEAVIEW, PO34 5HF - £600,000

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.

TIMBUKTU is a midsized extended semi-detached house of 143m², built sometime between 1900 and 1929, which could now be worth an estimated £610,335. It was last sold for £600,000 in May 2022, which was around 114% above the average May 2022 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2020, where the current energy rating was E, and the potential energy rating was C.

TIMBUKTU Sold Prices

Land registry data shows three sales for TIMBUKTU since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three TIMBUKTU 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
2022 23 MAY	£600,000	£280,341	114% above HPI
2007 15 JUN	£445,000	£180,661	146% above HPI
2000 30 MAR	£160,000	£71,368	124% above HPI

TIMBUKTU Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three TIMBUKTU sales between March 2000 and May 2022 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 2007 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the May 2022 sale, where it falls to 114% above the HPI. The line then continues to track at 114% above the HPI.

What might TIMBUKTU be worth now?

TIMBUKTU might now be worth an estimated £610,335.

This is based on house price inflation of 1.7%, between May 2022 and February 2025, for semi-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 1.7% inflationary increase is applied to the most recent sale price for TIMBUKTU of £600,000 on 23rd May 2022. For the value to have increased from £600,000 to £610,335 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of TIMBUKTU has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The May 2022 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of TIMBUKTU has not materially changed since May 2022.

How Large is TIMBUKTU?

TIMBUKTU is 143m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 50% of semi-detached houses houses in Seaview, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Seaview, and where TIMBUKTU lies on this distribution: 52% of semi-detached houses houses are smaller than TIMBUKTU, and 48% of houses are larger. Note that EPC data is not available for all properties in Seaview.

TIMBUKTU: Plot and Title Map

TIMBUKTU sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of TIMBUKTU, 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 TIMBUKTU). 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 TIMBUKTU?

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