2, MEADOW VIEW CLOSE, RYDE, PO33 3EY - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MEADOW VIEW CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £225,000 in June 2021, which was around 39% below the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

2 MEADOW VIEW CLOSE Sold Prices

Land registry data shows two sales for 2 MEADOW VIEW 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 MEADOW VIEW 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
2021 7 JUN	£225,000	£369,466	39% below HPI
2004 21 JAN	£132,000	£209,766	37% below HPI

2 MEADOW VIEW 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 MEADOW VIEW CLOSE sales from January 2004 and June 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 January 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 MEADOW VIEW CLOSE?

2 MEADOW VIEW CLOSE is 76m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% 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 MEADOW VIEW CLOSE lies on this distribution: 19% of detached houses are smaller than 2 MEADOW VIEW CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ryde.

2 MEADOW VIEW CLOSE: Plot and Title Map

2 MEADOW VIEW CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 2 MEADOW VIEW 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 MEADOW VIEW 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 MEADOW VIEW CLOSE?

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