15, ALDERMORE CLOSE, RYDE, PO33 2DQ - £270,000

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.

15 ALDERMORE CLOSE is a midsized detached house of 104m², built sometime between 1991 and 1995, which could now be worth an estimated £346,419. It was last sold for £270,000 in March 2019, which was around 15% below the average March 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

15 ALDERMORE CLOSE Sold Prices

Land registry data shows three sales for 15 ALDERMORE 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 15 ALDERMORE 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 8 MAR	£270,000	£317,307	15% below HPI
2005 27 SEP	£190,000	£232,606	18% below HPI
2003 21 FEB	£179,500	£181,623	1% below HPI

15 ALDERMORE 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 15 ALDERMORE CLOSE sales between February 2003 and March 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 September 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 15 ALDERMORE CLOSE be worth now?

15 ALDERMORE CLOSE might now be worth an estimated £346,419.

This is based on house price inflation of 28.3%, between March 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 28.3% inflationary increase is applied to the most recent sale price for 15 ALDERMORE CLOSE of £270,000 on 8th March 2019. For the value to have increased from £270,000 to £346,419 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 15 ALDERMORE CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2019 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 15 ALDERMORE CLOSE has not materially changed since March 2019.

How Large is 15 ALDERMORE CLOSE?

15 ALDERMORE CLOSE is 104m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% of detached houses houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryde, and where 15 ALDERMORE CLOSE lies on this distribution: 47% of detached houses houses are smaller than 15 ALDERMORE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Ryde.

15 ALDERMORE CLOSE: Plot and Title Map

15 ALDERMORE CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 15 ALDERMORE 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 15 ALDERMORE 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 15 ALDERMORE CLOSE?

15 ALDERMORE CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 15 on ALDERMORE CLOSE.