4, NODE CLOSE, RYDE, PO33 3HL - £510,000

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

4 NODE CLOSE is a small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £510,000 in March 2023, which was around 20% above the average March 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

4 NODE CLOSE Sold Prices

Land registry data shows four sales for 4 NODE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the four 4 NODE CLOSE sales were for above 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
2023 3 MAR	£510,000	£424,882	20% above HPI
2021 29 JAN	£340,000	£366,659	7% below HPI
2006 29 AUG	£275,000	£246,160	12% above HPI
1996 10 JUN	£83,250	£69,114	20% above HPI

4 NODE 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 four 4 NODE CLOSE sales between June 1996 and March 2023 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 January 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2023 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 4 NODE CLOSE?

4 NODE CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 4 NODE CLOSE lies on this distribution: 30% of detached houses are smaller than 4 NODE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Ryde.

4 NODE CLOSE: Plot and Title Map

4 NODE CLOSE sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 4 NODE 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 4 NODE 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 4 NODE CLOSE?

4 NODE CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 4 on NODE CLOSE.