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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 TANDY CLOSE is a very small detached house of 50m², built sometime between 1983 and 1990. It was last sold for £158,000 in April 2024, which was around 60% 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	£398,371	60% below HPI
2002 27 SEP	£89,950	£175,887	49% below HPI
2000 5 JAN	£47,000	£109,443	57% 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 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the April 2024 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

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 in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 1 TANDY CLOSE lies on this distribution: 1% of detached 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.