7, SOLENT CLOSE, RYDE, PO33 1NH - £269,950

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.

7 SOLENT CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £360,469. It was last sold for £269,950 in June 2018, which was around 11% below the average June 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2016, where the current energy rating was F, and the potential energy rating was C.

7 SOLENT CLOSE Sold Prices

Land registry data shows two sales for 7 SOLENT 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 7 SOLENT 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
2018 14 JUN	£269,950	£304,883	11% below HPI
2016 30 MAR	£232,000	£283,574	18% below HPI

7 SOLENT 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 SOLENT CLOSE sales from March 2016 and June 2018 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 2016 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 7 SOLENT CLOSE be worth now?

7 SOLENT CLOSE might now be worth an estimated £360,469.

This is based on house price inflation of 33.5%, between June 2018 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 33.5% inflationary increase is applied to the most recent sale price for 7 SOLENT CLOSE of £269,950 on 14th June 2018. For the value to have increased from £269,950 to £360,469 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 7 SOLENT CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2018 sale price of £269,950 represented a fair market value for the property.
• The size, condition, and specification of 7 SOLENT CLOSE has not materially changed since June 2018.

How Large is 7 SOLENT CLOSE?

7 SOLENT CLOSE is 71m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryde, and where 7 SOLENT CLOSE lies on this distribution: 12% of detached houses houses are smaller than 7 SOLENT CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ryde.

7 SOLENT CLOSE: Plot and Title Map

7 SOLENT CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 7 SOLENT 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 SOLENT 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 SOLENT CLOSE?

7 SOLENT CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 7 on SOLENT CLOSE.