CHERAGIN, OLD SEAVIEW LANE, SEAVIEW, PO34 5BD - £675,000

CHERAGIN is a very small extended detached house of 100m², built sometime between 1967 and 1975. It was last sold for £675,000 in September 2023, which was around 59% above the average September 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

CHERAGIN Sold Prices

Land registry data shows two sales for CHERAGIN 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 CHERAGIN 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
2023 5 SEP	£675,000	£423,364	59% above HPI
2020 11 DEC	£535,000	£368,126	45% above HPI

CHERAGIN 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 CHERAGIN sales from December 2020 and September 2023 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 December 2020 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the September 2023 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is CHERAGIN?

CHERAGIN is 100m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses in Seaview, based on EPC data. The below chart shows the distribution of detached houses by size in Seaview, and where CHERAGIN lies on this distribution: 16% of detached houses are smaller than CHERAGIN, and 84% of houses are larger. Note that EPC data is not available for all properties in Seaview.

CHERAGIN: Plot and Title Map

CHERAGIN sits on a plot of roughly 0.168 of an acre, or 680m². The below map shows the location of CHERAGIN, 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 CHERAGIN). 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 CHERAGIN?

CHERAGIN is located on OLD SEAVIEW LANE in SEAVIEW, in the PO34 postcode district. The below map shows the position of CHERAGIN on OLD SEAVIEW LANE.