2, MEADOW CLOSE, WHITWELL, VENTNOR, PO38 2QD - £208,000

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.

2 MEADOW CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £319,040. It was last sold for £208,000 in May 2015, which was around 21% below the average May 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

2 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 2 MEADOW 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 2 MEADOW 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
2015 19 MAY	£208,000	£262,538	21% below HPI
2004 23 SEP	£185,000	£224,602	18% below HPI

2 MEADOW 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 2 MEADOW CLOSE sales from September 2004 and May 2015 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 2004 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 2 MEADOW CLOSE be worth now?

2 MEADOW CLOSE might now be worth an estimated £319,040.

This is based on house price inflation of 53.4%, between May 2015 and March 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 53.4% inflationary increase is applied to the most recent sale price for 2 MEADOW CLOSE of £208,000 on 19th May 2015. For the value to have increased from £208,000 to £319,040 over the ten years and two months to March 2025, the following assumptions must hold true:

• The value of 2 MEADOW CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2015 sale price of £208,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MEADOW CLOSE has not materially changed since May 2015.

How Large is 2 MEADOW CLOSE?

2 MEADOW CLOSE is 65m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitwell, and where 2 MEADOW CLOSE lies on this distribution: 3% of detached houses houses are smaller than 2 MEADOW CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

2 MEADOW CLOSE: Plot and Title Map

2 MEADOW CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 2 MEADOW 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 2 MEADOW 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 2 MEADOW CLOSE?

2 MEADOW CLOSE is located in WHITWELL, in the PO38 postcode district. The below map shows the position of No. 2 on MEADOW CLOSE.