17, GREENLYDD CLOSE, NITON, VENTNOR, PO38 2BJ - £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.

17 GREENLYDD CLOSE is a very small extended detached house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £369,251. It was last sold for £290,000 in January 2019, which was around 9% below the average January 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was E.

17 GREENLYDD CLOSE Sold Prices

Land registry data shows two sales for 17 GREENLYDD 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 17 GREENLYDD 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 JAN	£290,000	£319,738	9% below HPI
2011 21 OCT	£200,000	£243,691	18% below HPI

17 GREENLYDD 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 17 GREENLYDD CLOSE sales from October 2011 and January 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 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 17 GREENLYDD CLOSE be worth now?

17 GREENLYDD CLOSE might now be worth an estimated £369,251.

This is based on house price inflation of 27.3%, between January 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 27.3% inflationary increase is applied to the most recent sale price for 17 GREENLYDD CLOSE of £290,000 on 8th January 2019. For the value to have increased from £290,000 to £369,251 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 17 GREENLYDD CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2019 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GREENLYDD CLOSE has not materially changed since January 2019.

How Large is 17 GREENLYDD CLOSE?

17 GREENLYDD CLOSE is 54m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of detached houses houses in Niton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Niton, and where 17 GREENLYDD CLOSE lies on this distribution: 1% of detached houses houses are smaller than 17 GREENLYDD CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Niton.

17 GREENLYDD CLOSE: Plot and Title Map

17 GREENLYDD CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 17 GREENLYDD 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 17 GREENLYDD 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 17 GREENLYDD CLOSE?

17 GREENLYDD CLOSE is located in NITON, in the PO38 postcode district. The below map shows the position of No. 17 on GREENLYDD CLOSE.