4, GREENLYDD CLOSE, NITON, VENTNOR, PO38 2BJ - £162,500

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.

4 GREENLYDD CLOSE is a very small semi-detached house of 71m², built sometime between 1976 and 1982, which could now be worth an estimated £259,286. It was last sold for £162,500 in April 2011, which was around 4% below the average April 2011 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was E.

4 GREENLYDD CLOSE Sold Prices

Land registry data shows five sales for 4 GREENLYDD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. The five 4 GREENLYDD CLOSE sales were a mix of below the average price, roughly equal to the average price, and 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
2011 14 APR	£162,500	£169,749	4% below HPI
2002 24 MAY	£119,500	£101,372	18% above HPI
2001 3 AUG	£91,000	£90,669	Close to HPI
1999 8 NOV	£71,500	£68,303	5% above HPI
1997 11 DEC	£69,000	£54,100	28% above HPI

4 GREENLYDD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The five 4 GREENLYDD CLOSE sales between December 1997 and April 2011 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 May 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2011 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 4 GREENLYDD CLOSE be worth now?

4 GREENLYDD CLOSE might now be worth an estimated £259,286.

This is based on house price inflation of 59.6%, between April 2011 and June 2025, for semi-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 59.6% inflationary increase is applied to the most recent sale price for 4 GREENLYDD CLOSE of £162,500 on 14th April 2011. For the value to have increased from £162,500 to £259,286 over the thirteen years and ten months to June 2025, the following assumptions must hold true:

• The value of 4 GREENLYDD CLOSE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The April 2011 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 4 GREENLYDD CLOSE has not materially changed since April 2011.

How Large is 4 GREENLYDD CLOSE?

4 GREENLYDD CLOSE is 71m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of semi-detached houses houses in Niton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Niton, and where 4 GREENLYDD CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 4 GREENLYDD CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Niton.

4 GREENLYDD CLOSE: Plot and Title Map

4 GREENLYDD CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 4 GREENLYDD 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 4 GREENLYDD 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 4 GREENLYDD CLOSE?

4 GREENLYDD CLOSE is located in NITON, in the PO38 postcode district. The below map shows the position of No. 4 on GREENLYDD CLOSE.