8, PURSLEY CLOSE, SANDOWN, PO36 9QP - £335,000

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 PURSLEY CLOSE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £335,000 in January 2023, which was around 23% below the average January 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

8 PURSLEY CLOSE Sold Prices

Land registry data shows two sales for 8 PURSLEY 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 PURSLEY 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
2023 31 JAN	£335,000	£437,223	23% below HPI
2018 29 MAR	£209,500	£306,446	32% below HPI

8 PURSLEY 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 PURSLEY CLOSE sales from March 2018 and January 2023 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 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the January 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 PURSLEY CLOSE?

8 PURSLEY CLOSE is 64m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses in Sandown, based on EPC data. The below chart shows the distribution of detached houses by size in Sandown, and where 8 PURSLEY CLOSE lies on this distribution: 16% of detached houses are smaller than 8 PURSLEY CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Sandown.

8 PURSLEY CLOSE: Plot and Title Map

8 PURSLEY CLOSE sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 8 PURSLEY 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 PURSLEY 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 PURSLEY CLOSE?

8 PURSLEY CLOSE is located in SANDOWN, in the PO36 postcode district. The below map shows the position of No. 8 on PURSLEY CLOSE.