23, ROWAN TREE DRIVE, SEAVIEW, PO34 5JP - £185,000

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.

23 ROWAN TREE DRIVE is a large detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £298,790. It was last sold for £185,000 in September 2009, which was around 22% below the average September 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

23 ROWAN TREE DRIVE Sold Prices

Land registry data shows one sale for 23 ROWAN TREE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 29 SEP	£185,000	£236,323	22% below HPI

What might 23 ROWAN TREE DRIVE be worth now?

23 ROWAN TREE DRIVE might now be worth an estimated £298,790.

This is based on house price inflation of 61.5%, between September 2009 and March 2026, 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 61.5% inflationary increase is applied to the most recent sale price for 23 ROWAN TREE DRIVE of £185,000 on 29th September 2009. For the value to have increased from £185,000 to £298,790 over the seventeen years and six months to March 2026, the following assumptions must hold true:

• The value of 23 ROWAN TREE DRIVE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2009 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 23 ROWAN TREE DRIVE has not materially changed since September 2009.

How Large is 23 ROWAN TREE DRIVE?

23 ROWAN TREE DRIVE is 115m² according to the EPC inspection conducted in October 2008. 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 23 ROWAN TREE DRIVE lies on this distribution: 66% of detached houses are smaller than 23 ROWAN TREE DRIVE, and 34% of detached houses are larger. Note that EPC data is not available for all properties in Nettlestone.

23 ROWAN TREE DRIVE: Plot

23 ROWAN TREE DRIVE sits on a plot of roughly 0.091 of an acre, or 368m².

Where is 23 ROWAN TREE DRIVE?

23 ROWAN TREE DRIVE is located in SEAVIEW, in the PO34 postcode district.