5, KING GEORGE V CLOSE, RYDE, PO33 3DE - £341,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 KING GEORGE V CLOSE is a very large detached house of 157m², built sometime between 2003 and 2006. It was last sold for £341,000 in October 2017, which was around 11% above the average October 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

5 KING GEORGE V CLOSE Sold Prices

Land registry data shows two sales for 5 KING GEORGE V 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 5 KING GEORGE V 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
2017 2 OCT	£341,000	£308,033	11% above HPI
2004 19 MAY	£272,500	£215,732	26% above HPI

5 KING GEORGE V 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 5 KING GEORGE V CLOSE sales from May 2004 and October 2017 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 2004 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2017 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 5 KING GEORGE V CLOSE?

5 KING GEORGE V CLOSE is 157m² according to the EPC inspection conducted in August 2017. This puts it in the largest 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 5 KING GEORGE V CLOSE lies on this distribution: 84% of detached houses are smaller than 5 KING GEORGE V CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Ryde.

5 KING GEORGE V CLOSE: Plot and Title Map

5 KING GEORGE V CLOSE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 5 KING GEORGE V 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 5 KING GEORGE V 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 5 KING GEORGE V CLOSE?

5 KING GEORGE V CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 5 on KING GEORGE V CLOSE.