7, CHINE CLOSE, FRESHWATER, PO40 9NS - £234,500

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

7 CHINE CLOSE is a small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £234,500 in October 2010, which was around 9% below the average October 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

7 CHINE CLOSE Sold Prices

Land registry data shows two sales for 7 CHINE CLOSE since 1st 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 7 CHINE CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2010
4 OCT
£234,500£258,688
down arrow
9% below HPI
2007
2 MAR
£230,000£258,789
down arrow
11% below HPI

7 CHINE 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 7 CHINE CLOSE sales from March 2007 and October 2010 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 March 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2010 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

7, CHINE CLOSE, FRESHWATER, PO40 9NS: Price paid vs HM Land Registry's House Price Index

How Large is 7 CHINE CLOSE?

7 CHINE CLOSE is 90m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where 7 CHINE CLOSE lies on this distribution: 21% of detached houses are smaller than 7 CHINE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Colwell.

7, CHINE CLOSE, FRESHWATER, PO40 9NS: Size of property relative to detached houses in Colwell

7 CHINE CLOSE: Plot and Title Map

7 CHINE CLOSE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 7 CHINE 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 7 CHINE 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.

7, CHINE CLOSE, FRESHWATER, PO40 9NS: Plot and title map

Where is 7 CHINE CLOSE?

7 CHINE CLOSE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 7 on CHINE CLOSE.

7, CHINE CLOSE, FRESHWATER, PO40 9NS: Location map and indicative extent of plot

All sales of detached houses on CHINE CLOSE

SUMMER BREEZE, 12, CHINE CLOSE, FRESHWATER, PO40 9NS
2023
26 JAN
£670,000
5, CHINE CLOSE, FRESHWATER, PO40 9NS
2020
14 DEC
£365,000
CHANEL, 11, CHINE CLOSE, FRESHWATER, PO40 9NS
2020
29 JUL
£218,000
1, CHINE CLOSE, FRESHWATER, PO40 9NS
2019
3 DEC
£231,960
DOMINO, 2, CHINE CLOSE, FRESHWATER, PO40 9NS
2016
30 SEP
£220,000
12, CHINE CLOSE, FRESHWATER, PO40 9NS
2016
9 SEP
£410,000
4, CHINE CLOSE, FRESHWATER, PO40 9NS
2015
27 NOV
£172,000
7, CHINE CLOSE, FRESHWATER, PO40 9NS
2010
4 OCT
£234,500
7, CHINE CLOSE, FRESHWATER, PO40 9NS
2007
2 MAR
£230,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.