THE LODGE, FAIRY ROAD, SEAVIEW, PO34 5HF - £620,000

THE LODGE is a large extended detached house of 193m², built sometime between 1900 and 1929. It was last sold for £620,000 in October 2015, which was around 117% above the average October 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows two sales for THE LODGE 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 THE LODGE 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
2015 7 OCT	£620,000	£286,326	117% above HPI
2003 3 APR	£365,000	£188,683	93% above HPI

THE LODGE 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 THE LODGE sales from April 2003 and October 2015 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 April 2003 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the October 2015 sale, where it rises to 117% above the HPI. The line then continues to track at 117% above the HPI.

How Large is THE LODGE?

THE LODGE is 193m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 30% of detached houses in Seaview, based on EPC data. The below chart shows the distribution of detached houses by size in Seaview, and where THE LODGE lies on this distribution: 79% of detached houses are smaller than THE LODGE, and 21% of houses are larger. Note that EPC data is not available for all properties in Seaview.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE is located on FAIRY ROAD in SEAVIEW, in the PO34 postcode district. The below map shows the position of THE LODGE on FAIRY ROAD.