29, ROWAN TREE DRIVE, SEAVIEW, PO34 5JP - £290,000

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.

29 ROWAN TREE DRIVE is a very large extended detached house of 150m², built sometime between 1976 and 1982, which could now be worth an estimated £476,540. It was last sold for £290,000 in October 2012, which was around 17% above the average October 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

29 ROWAN TREE DRIVE Sold Prices

Land registry data shows three sales for 29 ROWAN TREE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three 29 ROWAN TREE DRIVE sales were for above the average price, whilst one 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
2012 31 OCT	£290,000	£247,752	17% above HPI
2004 12 NOV	£230,000	£234,488	2% below HPI
1997 20 JUN	£80,000	£75,834	5% above HPI

29 ROWAN TREE DRIVE 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 three 29 ROWAN TREE DRIVE sales between June 1997 and October 2012 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2012 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 29 ROWAN TREE DRIVE be worth now?

29 ROWAN TREE DRIVE might now be worth an estimated £476,540.

This is based on house price inflation of 64.3%, between October 2012 and February 2025, for 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 64.3% inflationary increase is applied to the most recent sale price for 29 ROWAN TREE DRIVE of £290,000 on 31st October 2012. For the value to have increased from £290,000 to £476,540 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 29 ROWAN TREE DRIVE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2012 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 29 ROWAN TREE DRIVE has not materially changed since October 2012.

How Large is 29 ROWAN TREE DRIVE?

29 ROWAN TREE DRIVE is 150m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 20% of detached houses houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nettlestone, and where 29 ROWAN TREE DRIVE lies on this distribution: 85% of detached houses houses are smaller than 29 ROWAN TREE DRIVE, and 14% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

29 ROWAN TREE DRIVE: Plot and Title Map

29 ROWAN TREE DRIVE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 29 ROWAN TREE DRIVE, 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 29 ROWAN TREE DRIVE). 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 29 ROWAN TREE DRIVE?

29 ROWAN TREE DRIVE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 29 on ROWAN TREE DRIVE.