1, TANDY CLOSE, RYDE, PO33 3LP - £158,000

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 TANDY CLOSE is a very small detached house of 50m², built sometime between 1983 and 1990, which could now be worth an estimated £167,333. It was last sold for £158,000 in April 2024, which was around 59% below the average April 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

1 TANDY CLOSE Sold Prices

Land registry data shows three sales for 1 TANDY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 1 TANDY 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 29 APR	£158,000	£384,409	59% below HPI
2002 27 SEP	£89,950	£172,221	48% below HPI
2000 5 JAN	£47,000	£107,161	56% below HPI

1 TANDY 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 three 1 TANDY CLOSE sales between January 2000 and April 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 September 2002 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the April 2024 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

What might 1 TANDY CLOSE be worth now?

1 TANDY CLOSE might now be worth an estimated £167,333.

This is based on house price inflation of 5.9%, between April 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 5.9% inflationary increase is applied to the most recent sale price for 1 TANDY CLOSE of £158,000 on 29th April 2024. For the value to have increased from £158,000 to £167,333 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 1 TANDY CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2024 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 1 TANDY CLOSE has not materially changed since April 2024.

How Large is 1 TANDY CLOSE?

1 TANDY CLOSE is 50m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% 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 TANDY CLOSE lies on this distribution: 1% of detached houses houses are smaller than 1 TANDY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ryde.

1 TANDY CLOSE: Plot and Title Map

1 TANDY CLOSE sits on a plot of roughly 0.026 of an acre, or 106m². The below map shows the location of 1 TANDY 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 TANDY 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 TANDY CLOSE?

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