10, CHINE CLOSE, FRESHWATER, PO40 9NS - £230,000

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

10 CHINE CLOSE is a midsized detached house of 111m², built sometime between 1950 and 1966. It was last sold for £230,000 in January 2011, which was around 10% below the average January 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

10 CHINE CLOSE Sold Prices

Land registry data shows two sales for 10 CHINE 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 10 CHINE 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
2011 7 JAN	£230,000	£256,818	10% below HPI
1998 3 AUG	£67,500	£90,144	25% below HPI

10 CHINE 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 10 CHINE CLOSE sales from August 1998 and January 2011 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 August 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2011 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 10 CHINE CLOSE?

10 CHINE CLOSE is 111m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where 10 CHINE CLOSE lies on this distribution: 47% of detached houses are smaller than 10 CHINE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Colwell.

10 CHINE CLOSE: Plot and Title Map

10 CHINE CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 10 CHINE 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 10 CHINE 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 10 CHINE CLOSE?

10 CHINE CLOSE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 10 on CHINE CLOSE.