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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 FLEMING CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £335,033. It was last sold for £340,000 in August 2023, which was around 18% 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	£413,152	18% below HPI
2022 13 JAN	£265,000	£401,082	34% below HPI
1996 19 JUL	£59,950	£68,702	13% 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 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 9 FLEMING CLOSE be worth now?

9 FLEMING CLOSE might now be worth an estimated £335,033.

This is based on house price deflation of 1.5%, between August 2023 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% deflationary decrease is applied to the most recent sale price for 9 FLEMING CLOSE of £340,000 on 15th August 2023. For the value to have decreased from £340,000 to £335,033 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 9 FLEMING CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2023 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FLEMING CLOSE has not materially changed since August 2023.

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 houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryde, and where 9 FLEMING CLOSE lies on this distribution: 14% of detached houses 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.