STONE CLOSE, STATION ROAD, NINGWOOD, YARMOUTH, PO41 0TQ - £470,000

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

STONE CLOSE is a large extended detached house of 156m², built sometime between 1976 and 1982. It was last sold for £470,000 in May 2012, which was around 85% above the average May 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2009, where the current energy rating was F, and the potential energy rating was F.

STONE CLOSE Sold Prices

Land registry data shows two sales for STONE 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 STONE 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
2012 22 MAY	£470,000	£254,049	85% above HPI
2009 21 DEC	£387,000	£249,306	55% above HPI

STONE 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 STONE CLOSE sales from December 2009 and May 2012 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 December 2009 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2012 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

How Large is STONE CLOSE?

STONE CLOSE is 156m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the largest 30% of detached houses in Ningwood, based on EPC data. The below chart shows the distribution of detached houses by size in Ningwood, and where STONE CLOSE lies on this distribution: 71% of detached houses are smaller than STONE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Ningwood.

STONE CLOSE: Plot and Title Map

STONE CLOSE sits on a plot of roughly 0.525 of an acre, or 2,125m². The below map shows the location of STONE 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 STONE 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 STONE CLOSE?

STONE CLOSE is located on STATION ROAD in NINGWOOD, in the PO41 postcode district. The below map shows the position of STONE CLOSE on STATION ROAD.