GREEN CLOSE, WESTLANDS, TOTLAND BAY, PO39 0DJ - £320,000

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.

GREEN CLOSE is a small detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £309,953. It was last sold for £320,000 in June 2023, which was around 24% below the average June 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

GREEN CLOSE Sold Prices

Land registry data shows three sales for GREEN 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 GREEN 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 23 JUN	£320,000	£420,313	24% below HPI
2005 9 SEP	£220,000	£232,606	5% below HPI
2001 29 JUN	£130,100	£131,972	1% below HPI

GREEN 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 GREEN CLOSE sales between June 2001 and June 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 September 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might GREEN CLOSE be worth now?

GREEN CLOSE might now be worth an estimated £309,953.

This is based on house price deflation of 3.1%, between June 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 3.1% deflationary decrease is applied to the most recent sale price for GREEN CLOSE of £320,000 on 23rd June 2023. For the value to have decreased from £320,000 to £309,953 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of GREEN CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2023 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN CLOSE has not materially changed since June 2023.

How Large is GREEN CLOSE?

GREEN CLOSE is 105m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses houses in Totland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Totland, and where GREEN CLOSE lies on this distribution: 36% of detached houses houses are smaller than GREEN CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Totland.

GREEN CLOSE: Plot and Title Map

GREEN CLOSE sits on a plot of roughly 0.191 of an acre, or 771m². The below map shows the location of GREEN 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 GREEN 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 GREEN CLOSE?

GREEN CLOSE is located on WESTLANDS in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of GREEN CLOSE on WESTLANDS.