1, GRANARY CLOSE, RYDE, PO33 3HB - £342,500

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.

1 GRANARY CLOSE is a midsized extended detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £388,387. It was last sold for £342,500 in January 2021, which was around 5% below the average January 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

1 GRANARY CLOSE Sold Prices

Land registry data shows four sales for 1 GRANARY CLOSE 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. two of the four 1 GRANARY CLOSE sales were for below the average price, and four 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
2021 5 JAN	£342,500	£359,016	5% below HPI
2016 29 FEB	£275,000	£281,420	2% below HPI
2013 1 MAY	£250,000	£238,128	5% above HPI
1998 15 JUN	£94,500	£85,254	11% above HPI

1 GRANARY CLOSE 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 1 GRANARY CLOSE sales between June 1998 and January 2021 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 February 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the January 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 GRANARY CLOSE be worth now?

1 GRANARY CLOSE might now be worth an estimated £388,387.

This is based on house price inflation of 13.4%, between January 2021 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 13.4% inflationary increase is applied to the most recent sale price for 1 GRANARY CLOSE of £342,500 on 5th January 2021. For the value to have increased from £342,500 to £388,387 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 GRANARY CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2021 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GRANARY CLOSE has not materially changed since January 2021.

How Large is 1 GRANARY CLOSE?

1 GRANARY CLOSE is 109m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryde, and where 1 GRANARY CLOSE lies on this distribution: 53% of detached houses houses are smaller than 1 GRANARY CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Ryde.

1 GRANARY CLOSE: Plot and Title Map

1 GRANARY CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 1 GRANARY CLOSE, 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 1 GRANARY CLOSE). 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 1 GRANARY CLOSE?

1 GRANARY CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 1 on GRANARY CLOSE.