WILLOWS, EDDINGTON ROAD, SEAVIEW, PO34 5EB - £415,000

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

WILLOWS is a large extended detached house of 116m², built sometime between 1930 and 1949. It was last sold for £415,000 in October 2019, which was around 26% above the average October 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

WILLOWS Sold Prices

Land registry data shows four sales for WILLOWS 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 WILLOWS 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
2019 25 OCT	£415,000	£330,575	26% above HPI
2004 4 NOV	£250,000	£239,480	4% above HPI
1998 23 JAN	£72,000	£83,843	14% below HPI
1995 11 DEC	£89,000	£69,849	27% above HPI

WILLOWS 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 WILLOWS sales between December 1995 and October 2019 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 November 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is WILLOWS?

WILLOWS is 116m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 40% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where WILLOWS lies on this distribution: 68% of detached houses are smaller than WILLOWS, and 32% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

WILLOWS: Plot and Title Map

WILLOWS sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of WILLOWS, 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 WILLOWS). 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 WILLOWS?

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