18, MEADOW VIEW CLOSE, RYDE, PO33 3EY - £169,950

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.

18 MEADOW VIEW CLOSE is a very small terraced house of 55m², built sometime between 1991 and 1995, which could now be worth an estimated £181,065. It was last sold for £169,950 in June 2021, which was around 13% below the average June 2021 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

18 MEADOW VIEW CLOSE Sold Prices

Land registry data shows three sales for 18 MEADOW VIEW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. One of the three 18 MEADOW VIEW CLOSE sales was for below the average price, whilst two 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
2021 18 JUN	£169,950	£195,389	13% below HPI
2001 2 JAN	£64,950	£62,391	4% above HPI
1997 29 SEP	£43,000	£39,363	9% above HPI

18 MEADOW VIEW CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Isle of Wight local authority area over time, sourced from the HPI. The three 18 MEADOW VIEW CLOSE sales between September 1997 and June 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 January 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 18 MEADOW VIEW CLOSE be worth now?

18 MEADOW VIEW CLOSE might now be worth an estimated £181,065.

This is based on house price inflation of 6.5%, between June 2021 and June 2025, for terraced 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 6.5% inflationary increase is applied to the most recent sale price for 18 MEADOW VIEW CLOSE of £169,950 on 18th June 2021. For the value to have increased from £169,950 to £181,065 over the four years to June 2025, the following assumptions must hold true:

• The value of 18 MEADOW VIEW CLOSE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The June 2021 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 18 MEADOW VIEW CLOSE has not materially changed since June 2021.

How Large is 18 MEADOW VIEW CLOSE?

18 MEADOW VIEW CLOSE is 55m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of terraced houses houses in Ryde, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ryde, and where 18 MEADOW VIEW CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 18 MEADOW VIEW CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ryde.

18 MEADOW VIEW CLOSE: Plot and Title Map

18 MEADOW VIEW CLOSE sits on a plot of roughly 0.020 of an acre, or 81m². The below map shows the location of 18 MEADOW VIEW 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 18 MEADOW VIEW 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 18 MEADOW VIEW CLOSE?

18 MEADOW VIEW CLOSE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 18 on MEADOW VIEW CLOSE.