10, GRAYSWOOD CLOSE, SANDOWN, PO36 9BJ - £290,000

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.

10 GRAYSWOOD CLOSE is a large extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £373,601. It was last sold for £290,000 in May 2019, which was around 8% below the average May 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

10 GRAYSWOOD CLOSE Sold Prices

Land registry data shows three sales for 10 GRAYSWOOD 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 10 GRAYSWOOD 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
2019 31 MAY	£290,000	£316,015	8% below HPI
2017 18 OCT	£210,000	£301,612	30% below HPI
2002 22 MAY	£90,000	£155,222	42% below HPI

10 GRAYSWOOD 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 10 GRAYSWOOD CLOSE sales between May 2002 and May 2019 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 October 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2019 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 10 GRAYSWOOD CLOSE be worth now?

10 GRAYSWOOD CLOSE might now be worth an estimated £373,601.

This is based on house price inflation of 28.8%, between May 2019 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 28.8% inflationary increase is applied to the most recent sale price for 10 GRAYSWOOD CLOSE of £290,000 on 31st May 2019. For the value to have increased from £290,000 to £373,601 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 10 GRAYSWOOD CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2019 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GRAYSWOOD CLOSE has not materially changed since May 2019.

How Large is 10 GRAYSWOOD CLOSE?

10 GRAYSWOOD CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sandown, and where 10 GRAYSWOOD CLOSE lies on this distribution: 66% of detached houses houses are smaller than 10 GRAYSWOOD CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Sandown.

10 GRAYSWOOD CLOSE: Plot and Title Map

10 GRAYSWOOD CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 10 GRAYSWOOD 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 GRAYSWOOD 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 GRAYSWOOD CLOSE?

10 GRAYSWOOD CLOSE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 10 on GRAYSWOOD CLOSE.