8, HOLLY TREE CLOSE, RYDE, PO33 1HU - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 HOLLY TREE CLOSE is a small extended semi-detached house of 94m², built sometime between 1983 and 1990. It was last sold for £300,000 in March 2022, which was around 26% below the average March 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

8 HOLLY TREE CLOSE Sold Prices

Land registry data shows four sales for 8 HOLLY TREE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 8 HOLLY TREE 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
2022 25 MAR	£300,000	£407,446	26% below HPI
2016 12 MAY	£196,000	£288,538	32% below HPI
2001 28 SEP	£109,000	£143,407	24% below HPI
1998 19 JUN	£59,995	£87,069	31% below HPI

8 HOLLY TREE 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 four 8 HOLLY TREE CLOSE sales between June 1998 and March 2022 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 May 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 HOLLY TREE CLOSE?

8 HOLLY TREE CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 8 HOLLY TREE CLOSE lies on this distribution: 37% of detached houses are smaller than 8 HOLLY TREE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Ryde.

8 HOLLY TREE CLOSE: Plot and Title Map

8 HOLLY TREE CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 8 HOLLY TREE 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 HOLLY TREE 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 HOLLY TREE CLOSE?

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