6, WYCHWOOD CLOSE, SEAVIEW, PO34 5JD - £273,000

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.

6 WYCHWOOD CLOSE is a very small detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £368,296. It was last sold for £273,000 in November 2017, which was around 10% below the average November 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was B.

6 WYCHWOOD CLOSE Sold Prices

Land registry data shows two sales for 6 WYCHWOOD 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 6 WYCHWOOD 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
2017 15 NOV	£273,000	£301,775	10% below HPI
2016 24 JUN	£230,000	£280,672	18% below HPI

6 WYCHWOOD 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 6 WYCHWOOD CLOSE sales from June 2016 and November 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 June 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the November 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 6 WYCHWOOD CLOSE be worth now?

6 WYCHWOOD CLOSE might now be worth an estimated £368,296.

This is based on house price inflation of 34.9%, between November 2017 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 34.9% inflationary increase is applied to the most recent sale price for 6 WYCHWOOD CLOSE of £273,000 on 15th November 2017. For the value to have increased from £273,000 to £368,296 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 WYCHWOOD CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2017 sale price of £273,000 represented a fair market value for the property.
• The size, condition, and specification of 6 WYCHWOOD CLOSE has not materially changed since November 2017.

How Large is 6 WYCHWOOD CLOSE?

6 WYCHWOOD CLOSE is 57m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Nettlestone, and where 6 WYCHWOOD CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 6 WYCHWOOD CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

6 WYCHWOOD CLOSE: Plot and Title Map

6 WYCHWOOD CLOSE sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 6 WYCHWOOD 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 6 WYCHWOOD 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 6 WYCHWOOD CLOSE?

6 WYCHWOOD CLOSE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 6 on WYCHWOOD CLOSE.