1, WYCHWOOD CLOSE, SEAVIEW, PO34 5JD - £375,000

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 WYCHWOOD CLOSE is a midsized detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £428,544. It was last sold for £375,000 in February 2021, which was around 5% above the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

1 WYCHWOOD CLOSE Sold Prices

Land registry data shows four sales for 1 WYCHWOOD 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. All of the four 1 WYCHWOOD CLOSE 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
2021 10 FEB	£375,000	£356,249	5% above HPI
2014 5 NOV	£280,000	£265,136	6% above HPI
2003 22 JUL	£202,500	£201,245	1% above HPI
1996 19 AUG	£70,000	£69,328	1% above HPI

1 WYCHWOOD 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 WYCHWOOD CLOSE sales between August 1996 and February 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 November 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 1 WYCHWOOD CLOSE be worth now?

1 WYCHWOOD CLOSE might now be worth an estimated £428,544.

This is based on house price inflation of 14.3%, between February 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 14.3% inflationary increase is applied to the most recent sale price for 1 WYCHWOOD CLOSE of £375,000 on 10th February 2021. For the value to have increased from £375,000 to £428,544 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 WYCHWOOD CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WYCHWOOD CLOSE has not materially changed since February 2021.

How Large is 1 WYCHWOOD CLOSE?

1 WYCHWOOD CLOSE is 93m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nettlestone, and where 1 WYCHWOOD CLOSE lies on this distribution: 43% of detached houses houses are smaller than 1 WYCHWOOD CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

1 WYCHWOOD CLOSE: Plot and Title Map

1 WYCHWOOD CLOSE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 1 WYCHWOOD 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 WYCHWOOD 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 WYCHWOOD CLOSE?

1 WYCHWOOD CLOSE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 1 on WYCHWOOD CLOSE.