8, FLEMING CLOSE, RYDE, PO33 3TJ - £158,000

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.

8 FLEMING CLOSE is a very small detached house of 67m², built sometime between 1967 and 1975, which could now be worth an estimated £258,587. It was last sold for £158,000 in May 2012, which was around 36% below the average May 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

8 FLEMING CLOSE Sold Prices

Land registry data shows two sales for 8 FLEMING 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 8 FLEMING 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
2012 23 MAY	£158,000	£248,753	36% below HPI
2002 3 APR	£105,000	£150,236	30% below HPI

8 FLEMING 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 8 FLEMING CLOSE sales from April 2002 and May 2012 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 April 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2012 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 8 FLEMING CLOSE be worth now?

8 FLEMING CLOSE might now be worth an estimated £258,587.

This is based on house price inflation of 63.7%, between May 2012 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 63.7% inflationary increase is applied to the most recent sale price for 8 FLEMING CLOSE of £158,000 on 23rd May 2012. For the value to have increased from £158,000 to £258,587 over the thirteen years and three months to February 2025, the following assumptions must hold true:

• The value of 8 FLEMING CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2012 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FLEMING CLOSE has not materially changed since May 2012.

How Large is 8 FLEMING CLOSE?

8 FLEMING CLOSE is 67m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% 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 8 FLEMING CLOSE lies on this distribution: 8% of detached houses houses are smaller than 8 FLEMING CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Ryde.

8 FLEMING CLOSE: Plot and Title Map

8 FLEMING CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 8 FLEMING 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 8 FLEMING 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 8 FLEMING CLOSE?

8 FLEMING CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 8 on FLEMING CLOSE.