13, NICHOLAS CLOSE, BRADING, SANDOWN, PO36 0BL - £310,000

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.

13 NICHOLAS CLOSE is a small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £323,436. It was last sold for £310,000 in November 2021, which was around 21% below the average November 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

13 NICHOLAS CLOSE Sold Prices

Land registry data shows four sales for 13 NICHOLAS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 13 NICHOLAS 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
2021 1 NOV	£310,000	£390,204	21% below HPI
2015 7 AUG	£237,000	£273,993	14% below HPI
2000 30 AUG	£117,500	£122,124	4% below HPI
1999 19 JAN	£81,000	£91,777	12% below HPI

13 NICHOLAS 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 four 13 NICHOLAS CLOSE sales between January 1999 and November 2021 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 August 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 13 NICHOLAS CLOSE be worth now?

13 NICHOLAS CLOSE might now be worth an estimated £323,436.

This is based on house price inflation of 4.3%, between November 2021 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 4.3% inflationary increase is applied to the most recent sale price for 13 NICHOLAS CLOSE of £310,000 on 1st November 2021. For the value to have increased from £310,000 to £323,436 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 13 NICHOLAS CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 13 NICHOLAS CLOSE has not materially changed since November 2021.

How Large is 13 NICHOLAS CLOSE?

13 NICHOLAS CLOSE is 75m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses houses in Brading, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brading, and where 13 NICHOLAS CLOSE lies on this distribution: 25% of detached houses houses are smaller than 13 NICHOLAS CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Brading.

13 NICHOLAS CLOSE: Plot and Title Map

13 NICHOLAS CLOSE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 13 NICHOLAS 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 13 NICHOLAS 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 13 NICHOLAS CLOSE?

13 NICHOLAS CLOSE is located in BRADING, in the PO36 postcode district. The below map shows the position of No. 13 on NICHOLAS CLOSE.