9, FLEMING CLOSE, RYDE, PO33 3TJ - £340,000

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

9 FLEMING CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £340,000 in August 2023, which was around 19% below the average August 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

9 FLEMING CLOSE Sold Prices

Land registry data shows three sales for 9 FLEMING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 9 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
2023 15 AUG	£340,000	£422,181	19% below HPI
2022 13 JAN	£265,000	£409,621	35% below HPI
1996 19 JUL	£59,950	£70,164	15% below HPI

9 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 three 9 FLEMING CLOSE sales between July 1996 and August 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 January 2022 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 9 FLEMING CLOSE?

9 FLEMING CLOSE is 72m² according to the EPC inspection conducted in March 2023. This puts it in the smallest 20% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 9 FLEMING CLOSE lies on this distribution: 14% of detached houses are smaller than 9 FLEMING CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ryde.

9 FLEMING CLOSE: Plot and Title Map

9 FLEMING CLOSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 9 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 9 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 9 FLEMING CLOSE?

9 FLEMING CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 9 on FLEMING CLOSE.