2, GASSIOT CLOSE, RYDE, PO33 1GA - £225,000

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

2 GASSIOT CLOSE is a small detached house of 96m², built sometime between 2003 and 2006. It was last sold for £225,000 in August 2015, which was around 20% below the average August 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

2 GASSIOT CLOSE Sold Prices

Land registry data shows two sales for 2 GASSIOT 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 2 GASSIOT 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
2015 7 AUG	£225,000	£279,826	20% below HPI
2007 22 MAY	£215,000	£259,555	17% below HPI

2 GASSIOT 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 2 GASSIOT CLOSE sales from May 2007 and August 2015 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 May 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 GASSIOT CLOSE?

2 GASSIOT CLOSE is 96m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 2 GASSIOT CLOSE lies on this distribution: 38% of detached houses are smaller than 2 GASSIOT CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Ryde.

2 GASSIOT CLOSE: Plot and Title Map

2 GASSIOT CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 2 GASSIOT 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 2 GASSIOT 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 2 GASSIOT CLOSE?

2 GASSIOT CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 2 on GASSIOT CLOSE.