1, HOLLY TREE CLOSE, RYDE, PO33 1HU - £340,000

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.

1 HOLLY TREE CLOSE is a midsized extended detached house of 106m², built sometime between 1983 and 1990, which could now be worth an estimated £355,584. It was last sold for £340,000 in June 2024, which was around 13% below the average June 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

1 HOLLY TREE CLOSE Sold Prices

Land registry data shows two sales for 1 HOLLY TREE CLOSE 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 1 HOLLY TREE CLOSE 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
2024 24 JUN	£340,000	£389,273	13% below HPI
2014 15 JAN	£185,000	£254,926	27% below HPI

1 HOLLY TREE 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 two 1 HOLLY TREE CLOSE sales from January 2014 and June 2024 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 January 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 HOLLY TREE CLOSE be worth now?

1 HOLLY TREE CLOSE might now be worth an estimated £355,584.

This is based on house price inflation of 4.6%, between June 2024 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 4.6% inflationary increase is applied to the most recent sale price for 1 HOLLY TREE CLOSE of £340,000 on 24th June 2024. For the value to have increased from £340,000 to £355,584 over the one year and four months to February 2025, the following assumptions must hold true:

• The value of 1 HOLLY TREE CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2024 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOLLY TREE CLOSE has not materially changed since June 2024.

How Large is 1 HOLLY TREE CLOSE?

1 HOLLY TREE CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in July 2023. 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 HOLLY TREE CLOSE lies on this distribution: 50% of detached houses houses are smaller than 1 HOLLY TREE CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Ryde.

1 HOLLY TREE CLOSE: Plot and Title Map

1 HOLLY TREE CLOSE sits on a plot of roughly 0.109 of an acre, or 441m². The below map shows the location of 1 HOLLY TREE 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 HOLLY TREE 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 HOLLY TREE CLOSE?

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