2, GREGORY CLOSE, RYDE, PO33 1QR - £450,000

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 GREGORY CLOSE is a midsized extended detached house of 123m², built sometime between 1976 and 1982. It was last sold for £450,000 in December 2021, which was around 12% above the average December 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

2 GREGORY CLOSE Sold Prices

Land registry data shows three sales for 2 GREGORY 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. One of the three 2 GREGORY CLOSE sales was for above the average price, whilst two 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
2021 15 DEC	£450,000	£402,556	12% above HPI
2004 23 NOV	£217,000	£239,480	9% below HPI
2003 5 FEB	£120,000	£185,490	35% below HPI

2 GREGORY 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 2 GREGORY CLOSE sales between February 2003 and December 2021 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 November 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 GREGORY CLOSE?

2 GREGORY CLOSE is 123m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses in Pondwell, based on EPC data. The below chart shows the distribution of detached houses by size in Pondwell, and where 2 GREGORY CLOSE lies on this distribution: 53% of detached houses are smaller than 2 GREGORY CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Pondwell.

2 GREGORY CLOSE: Plot and Title Map

2 GREGORY CLOSE sits on a plot of roughly 0.142 of an acre, or 574m². The below map shows the location of 2 GREGORY 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 GREGORY 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 GREGORY CLOSE?

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