8, PELLVIEW CLOSE, RYDE, PO33 3TU - £315,000

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 PELLVIEW CLOSE is a very small extended detached house of 68m², built sometime between 1976 and 1982. It was last sold for £315,000 in July 2024, which was around 22% below the average July 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

8 PELLVIEW CLOSE Sold Prices

Land registry data shows two sales for 8 PELLVIEW 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 PELLVIEW 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 26 JUL	£315,000	£403,847	22% below HPI
1995 15 DEC	£62,000	£69,849	11% below HPI

8 PELLVIEW 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 PELLVIEW CLOSE sales from December 1995 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 December 1995 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 PELLVIEW CLOSE?

8 PELLVIEW CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% 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 PELLVIEW CLOSE lies on this distribution: 9% of detached houses are smaller than 8 PELLVIEW CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ryde.

8 PELLVIEW CLOSE: Plot and Title Map

8 PELLVIEW CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 8 PELLVIEW 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 PELLVIEW 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 PELLVIEW CLOSE?

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