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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 PONDWELL CLOSE is a very small extended detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £396,993. It was last sold for £247,500 in November 2013, which was around 2% 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	£253,811	2% below HPI
2008 27 JUN	£209,000	£262,134	20% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2013 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 24 PONDWELL CLOSE be worth now?

24 PONDWELL CLOSE might now be worth an estimated £396,993.

This is based on house price inflation of 60.4%, between November 2013 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.4% inflationary increase is applied to the most recent sale price for 24 PONDWELL CLOSE of £247,500 on 15th November 2013. For the value to have increased from £247,500 to £396,993 over the twelve years and nine months to February 2025, the following assumptions must hold true:

• The value of 24 PONDWELL CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2013 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 24 PONDWELL CLOSE has not materially changed since November 2013.

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 houses in Pondwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pondwell, and where 24 PONDWELL CLOSE lies on this distribution: 9% of detached houses houses are smaller than 24 PONDWELL CLOSE, and 89% 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.