24, PONDWELL CLOSE, RYDE, PO33 1QD - £247,500

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

24 PONDWELL CLOSE is a very small extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £247,500 in November 2013, which was around 5% below the average November 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

24 PONDWELL CLOSE Sold Prices

Land registry data shows two sales for 24 PONDWELL 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 24 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
2013 15 NOV	£247,500	£259,215	5% below HPI
2008 27 JUN	£209,000	£267,714	22% below HPI

24 PONDWELL 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 24 PONDWELL CLOSE sales from June 2008 and November 2013 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 June 2008 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2013 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 24 PONDWELL CLOSE?

24 PONDWELL CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% of detached houses in Pondwell, based on EPC data. The below chart shows the distribution of detached houses by size in Pondwell, and where 24 PONDWELL CLOSE lies on this distribution: 10% of detached houses are smaller than 24 PONDWELL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Pondwell.

24 PONDWELL CLOSE: Plot and Title Map

24 PONDWELL CLOSE sits on a plot of roughly 0.189 of an acre, or 763m². The below map shows the location of 24 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 24 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.

Where is 24 PONDWELL CLOSE?

24 PONDWELL CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 24 on PONDWELL CLOSE.