7, PURSLEY CLOSE, SANDOWN, PO36 9QP - £300,000

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

7 PURSLEY CLOSE is a very small detached house of 64m², built sometime between 1996 and 2002. It was last sold for £300,000 in July 2024, which was around 27% below the average July 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

7 PURSLEY CLOSE Sold Prices

Land registry data shows three sales for 7 PURSLEY 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 PURSLEY 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
2024 18 JUL	£300,000	£409,508	27% below HPI
2016 29 JUN	£213,000	£286,647	26% below HPI
2000 14 JAN	£86,000	£109,443	21% below HPI

7 PURSLEY 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 PURSLEY CLOSE sales between January 2000 and July 2024 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 PURSLEY CLOSE?

7 PURSLEY CLOSE is 64m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 7 PURSLEY CLOSE lies on this distribution: 16% of detached houses are smaller than 7 PURSLEY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Sandown.

7 PURSLEY CLOSE: Plot and Title Map

7 PURSLEY CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 7 PURSLEY 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 PURSLEY 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 PURSLEY CLOSE?

7 PURSLEY CLOSE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 7 on PURSLEY CLOSE.