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
11 GLOSSOP CLOSE is a midsized detached house of 100m², built sometime between 1983 and 1990. It was last sold for £365,000 in July 2022, which was around 14% below the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 11 GLOSSOP CLOSE since 1st 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 11 GLOSSOP 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 |
---|---|---|---|
2022 4 JUL | £365,000 | £424,658 | 14% below HPI |
2018 18 DEC | £268,000 | £320,898 | 16% below HPI |
2015 12 JUN | £232,000 | £274,143 | 15% below HPI |
2006 19 APR | £227,500 | £238,655 | 5% below HPI |
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 11 GLOSSOP CLOSE sales between April 2006 and July 2022 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 December 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
11 GLOSSOP CLOSE is 100m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 11 GLOSSOP CLOSE lies on this distribution: 60% of detached houses are smaller than 11 GLOSSOP CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in East Cowes.
11 GLOSSOP CLOSE sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 11 GLOSSOP 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 11 GLOSSOP 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.
11 GLOSSOP CLOSE is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 11 on GLOSSOP CLOSE.