WHEELERS DRUM, NETTLESTONE, SEAVIEW, PO34 5DZ - £248,000

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

WHEELERS DRUM is a very large detached house of 156m², built sometime between 1900 and 1929. It was last sold for £248,000 in October 2014, which was around 9% below the average October 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

WHEELERS DRUM Sold Prices

Land registry data shows two sales for WHEELERS DRUM 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. Both of the two WHEELERS DRUM 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 9 OCT	£248,000	£271,407	9% below HPI
1999 30 JUL	£95,000	£98,055	3% below HPI

WHEELERS DRUM 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 WHEELERS DRUM sales from July 1999 and October 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 July 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is WHEELERS DRUM?

WHEELERS DRUM is 156m² according to the EPC inspection conducted in June 2016. This puts it in the largest 20% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where WHEELERS DRUM lies on this distribution: 89% of detached houses are smaller than WHEELERS DRUM, and 11% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

WHEELERS DRUM: Plot and Title Map

WHEELERS DRUM sits on a plot of roughly 0.216 of an acre, or 876m². The below map shows the location of WHEELERS DRUM, 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 WHEELERS DRUM). 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 WHEELERS DRUM?

WHEELERS DRUM is located on NETTLESTONE in SEAVIEW, in the PO34 postcode district. The below map shows the position of WHEELERS DRUM on NETTLESTONE.