3, SADLERS CLOSE, RYDE, PO33 1RA - £177,500

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.

3 SADLERS CLOSE is a very small detached house of 60m², built sometime between 1996 and 2002, which could now be worth an estimated £316,842. It was last sold for £177,500 in February 2009, which was around 22% below the average February 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

3 SADLERS CLOSE Sold Prices

Land registry data shows two sales for 3 SADLERS 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 3 SADLERS 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
2009 12 FEB	£177,500	£228,073	22% below HPI
1998 10 JUL	£69,950	£86,539	19% below HPI

3 SADLERS 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 3 SADLERS CLOSE sales from July 1998 and February 2009 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 July 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2009 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 SADLERS CLOSE be worth now?

3 SADLERS CLOSE might now be worth an estimated £316,842.

This is based on house price inflation of 78.5%, between February 2009 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 78.5% inflationary increase is applied to the most recent sale price for 3 SADLERS CLOSE of £177,500 on 12th February 2009. For the value to have increased from £177,500 to £316,842 over the sixteen years to February 2025, the following assumptions must hold true:

• The value of 3 SADLERS CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2009 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SADLERS CLOSE has not materially changed since February 2009.

How Large is 3 SADLERS CLOSE?

3 SADLERS CLOSE is 60m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of detached houses houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryde, and where 3 SADLERS CLOSE lies on this distribution: 4% of detached houses houses are smaller than 3 SADLERS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ryde.

3 SADLERS CLOSE: Plot and Title Map

3 SADLERS CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 SADLERS 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 3 SADLERS 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 3 SADLERS CLOSE?

3 SADLERS CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 3 on SADLERS CLOSE.