9, WISHING WELL CLOSE, RYDE, PO33 1FS - £625,000

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

9 WISHING WELL CLOSE is a very large detached house of 151m². It was last sold for £625,000 in April 2024, which was around 57% above the average April 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2021, where the current energy rating was B, and the potential energy rating was A.

9 WISHING WELL CLOSE Sold Prices

Land registry data shows two sales for 9 WISHING WELL 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 9 WISHING WELL CLOSE sales were for above 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 11 APR	£625,000	£398,371	57% above HPI
2021 27 JAN	£400,000	£366,659	9% above HPI

9 WISHING WELL 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 9 WISHING WELL CLOSE sales from January 2021 and April 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 January 2021 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the April 2024 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 9 WISHING WELL CLOSE?

9 WISHING WELL CLOSE is 151m² according to the EPC inspection conducted in February 2021. This puts it in the largest 10% of detached houses in Pondwell, based on EPC data. The below chart shows the distribution of detached houses by size in Pondwell, and where 9 WISHING WELL CLOSE lies on this distribution: 82% of detached houses are smaller than 9 WISHING WELL CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Pondwell.

9 WISHING WELL CLOSE: Plot and Title Map

9 WISHING WELL CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 9 WISHING WELL 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 WISHING WELL 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 WISHING WELL CLOSE?

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