HILLGROVE COTTAGE, OLD SEAVIEW LANE, SEAVIEW, PO34 5BD - £188,500

HILLGROVE COTTAGE is a very small extended semi-detached house of 51m², built sometime between 1900 and 1929. It was last sold for £188,500 in August 2020, which was around 45% below the average August 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

HILLGROVE COTTAGE Sold Prices

Land registry data shows four sales for HILLGROVE COTTAGE 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. All of the four HILLGROVE COTTAGE 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
2020 14 AUG	£188,500	£339,761	45% below HPI
2006 29 AUG	£220,000	£246,160	11% below HPI
2002 8 JUL	£151,000	£167,707	10% below HPI
1997 16 JUN	£44,000	£77,449	43% below HPI

HILLGROVE COTTAGE 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 HILLGROVE COTTAGE sales between June 1997 and August 2020 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 August 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2020 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is HILLGROVE COTTAGE?

HILLGROVE COTTAGE is 51m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Seaview, based on EPC data. The below chart shows the distribution of detached houses by size in Seaview, and where HILLGROVE COTTAGE lies on this distribution: Less than 1% of detached houses are smaller than HILLGROVE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Seaview.

HILLGROVE COTTAGE: Plot and Title Map

HILLGROVE COTTAGE sits on a plot of roughly 0.014 of an acre, or 57m². The below map shows the location of HILLGROVE COTTAGE, 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 HILLGROVE COTTAGE). 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 HILLGROVE COTTAGE?

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