8, GREENLYDD CLOSE, NITON, VENTNOR, PO38 2BJ - £170,000

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

8 GREENLYDD CLOSE is a very small detached house of 60m², built sometime between 1967 and 1975. It was last sold for £170,000 in July 2009, which was around 28% below the average July 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2009, where the current energy rating was F, and the potential energy rating was E.

8 GREENLYDD CLOSE Sold Prices

Land registry data shows two sales for 8 GREENLYDD 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 GREENLYDD 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
2009 3 JUL	£170,000	£237,615	28% below HPI
2002 7 JUN	£125,000	£162,028	23% below HPI

8 GREENLYDD 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 GREENLYDD CLOSE sales from June 2002 and July 2009 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 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2009 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 8 GREENLYDD CLOSE?

8 GREENLYDD CLOSE is 60m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of detached houses in Niton, based on EPC data. The below chart shows the distribution of detached houses by size in Niton, and where 8 GREENLYDD CLOSE lies on this distribution: 3% of detached houses are smaller than 8 GREENLYDD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Niton.

8 GREENLYDD CLOSE: Plot and Title Map

8 GREENLYDD CLOSE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 8 GREENLYDD 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 GREENLYDD 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 GREENLYDD CLOSE?

8 GREENLYDD CLOSE is located in NITON, in the PO38 postcode district. The below map shows the position of No. 8 on GREENLYDD CLOSE.