31, GREENLYDD CLOSE, NITON, VENTNOR, PO38 2BJ - £310,000

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

31 GREENLYDD CLOSE is a very small detached house of 67m², built sometime between 1967 and 1975. It was last sold for £310,000 in June 2021, which was around 16% below the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

31 GREENLYDD CLOSE Sold Prices

Land registry data shows three sales for 31 GREENLYDD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 31 GREENLYDD 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 21 JUN	£310,000	£369,466	16% below HPI
2017 19 MAY	£185,000	£301,582	39% below HPI
1999 27 SEP	£78,000	£103,136	24% below HPI

31 GREENLYDD 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 three 31 GREENLYDD CLOSE sales between September 1999 and June 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 May 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 31 GREENLYDD CLOSE?

31 GREENLYDD CLOSE is 67m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where 31 GREENLYDD CLOSE lies on this distribution: 14% of detached houses are smaller than 31 GREENLYDD CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Niton.

31 GREENLYDD CLOSE: Plot and Title Map

31 GREENLYDD CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 31 GREENLYDD 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 31 GREENLYDD 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 31 GREENLYDD CLOSE?

31 GREENLYDD CLOSE is located in NITON, in the PO38 postcode district. The below map shows the position of No. 31 on GREENLYDD CLOSE.