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
21 PONDWELL CLOSE is a small extended detached house of 95m², built sometime between 1950 and 1966. It was last sold for £340,000 in March 2021, which was around 7% below the average March 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 21 PONDWELL CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the five 21 PONDWELL 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 24 MAR | £340,000 | £364,254 | 7% below HPI |
2014 3 SEP | £250,000 | £265,971 | 6% below HPI |
2007 31 AUG | £295,000 | £263,269 | 12% above HPI |
2000 4 AUG | £122,000 | £124,724 | 2% below HPI |
1998 12 NOV | £92,000 | £95,045 | 3% below HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The five 21 PONDWELL CLOSE sales between November 1998 and March 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 September 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2021 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.
21 PONDWELL CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Pondwell, based on EPC data. The below chart shows the distribution of detached houses by size in Pondwell, and where 21 PONDWELL CLOSE lies on this distribution: 33% of detached houses are smaller than 21 PONDWELL CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Pondwell.
21 PONDWELL CLOSE sits on a plot of roughly 0.186 of an acre, or 751m². The below map shows the location of 21 PONDWELL 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 21 PONDWELL 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.
21 PONDWELL CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 21 on PONDWELL CLOSE.