7, HAMMOND CLOSE, NORTON, YARMOUTH, PO41 0RP - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 HAMMOND CLOSE is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £337,609. It was last sold for £300,000 in June 2021, which was around 17% below the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

7 HAMMOND CLOSE Sold Prices

Land registry data shows three sales for 7 HAMMOND 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 7 HAMMOND 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 10 JUN	£300,000	£361,764	17% below HPI
2014 9 SEP	£225,000	£260,427	14% below HPI
2009 7 AUG	£210,000	£230,629	9% below HPI

7 HAMMOND 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 7 HAMMOND CLOSE sales between August 2009 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 September 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2021 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 7 HAMMOND CLOSE be worth now?

7 HAMMOND CLOSE might now be worth an estimated £337,609.

This is based on house price inflation of 12.5%, between June 2021 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 12.5% inflationary increase is applied to the most recent sale price for 7 HAMMOND CLOSE of £300,000 on 10th June 2021. For the value to have increased from £300,000 to £337,609 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 7 HAMMOND CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HAMMOND CLOSE has not materially changed since June 2021.

How Large is 7 HAMMOND CLOSE?

7 HAMMOND CLOSE is 77m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses houses in Norton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Norton, and where 7 HAMMOND CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 7 HAMMOND CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Norton.

7 HAMMOND CLOSE: Plot and Title Map

7 HAMMOND CLOSE sits on a plot of roughly 0.152 of an acre, or 617m². The below map shows the location of 7 HAMMOND 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 HAMMOND 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 7 HAMMOND CLOSE?

7 HAMMOND CLOSE is located in NORTON, in the PO41 postcode district. The below map shows the position of No. 7 on HAMMOND CLOSE.