2, GRAYSWOOD CLOSE, SANDOWN, PO36 9BJ - £250,000

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 GRAYSWOOD CLOSE is a midsized detached house of 94m², built sometime between 1950 and 1966. It was last sold for £250,000 in February 2012, which was around 1% above the average February 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

2 GRAYSWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 GRAYSWOOD 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. One of the two 2 GRAYSWOOD CLOSE sales was for above the average price, whilst the other was 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
2012 15 FEB	£250,000	£246,754	1% above HPI
2011 28 FEB	£202,500	£259,755	22% below HPI

2 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 two 2 GRAYSWOOD CLOSE sales from February 2011 and February 2012 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 February 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2012 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 2 GRAYSWOOD CLOSE?

2 GRAYSWOOD CLOSE is 94m² according to the EPC inspection conducted in August 2011. This puts it in the largest 50% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 2 GRAYSWOOD CLOSE lies on this distribution: 59% of detached houses are smaller than 2 GRAYSWOOD CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Sandown.

2 GRAYSWOOD CLOSE: Plot and Title Map

2 GRAYSWOOD CLOSE sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 2 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 2 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 2 GRAYSWOOD CLOSE?

2 GRAYSWOOD CLOSE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 2 on GRAYSWOOD CLOSE.