3, VICTORY CLOSE, RYDE, PO33 3RA - £200,000

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

3 VICTORY CLOSE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £200,000 in March 2014, which was around 23% below the average March 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was B.

3 VICTORY CLOSE Sold Prices

Land registry data shows two sales for 3 VICTORY 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 VICTORY 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
2014 7 MAR	£200,000	£260,541	23% below HPI
2007 22 JUN	£197,500	£259,835	24% below HPI

3 VICTORY 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 VICTORY CLOSE sales from June 2007 and March 2014 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 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2014 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 VICTORY CLOSE?

3 VICTORY CLOSE is 71m² according to the EPC inspection conducted in March 2022. 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 3 VICTORY CLOSE lies on this distribution: 12% of detached houses are smaller than 3 VICTORY CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ryde.

3 VICTORY CLOSE: Plot and Title Map

3 VICTORY CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 3 VICTORY 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 VICTORY 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 VICTORY CLOSE?

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