5, MEADOW CLOSE, WHITWELL, VENTNOR, PO38 2QD - £260,000

5 MEADOW CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £260,000 in November 2020, which was around 28% below the average November 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

5 MEADOW CLOSE Sold Prices

Land registry data shows four sales for 5 MEADOW 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 5 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
2020 2 NOV	£260,000	£361,414	28% below HPI
2003 24 JAN	£140,000	£185,172	24% below HPI
2001 23 NOV	£126,000	£146,015	14% below HPI
1996 1 AUG	£59,000	£70,804	17% below HPI

5 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 four 5 MEADOW CLOSE sales between August 1996 and November 2020 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 2003 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 MEADOW CLOSE?

5 MEADOW CLOSE is 73m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of detached houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses by size in Whitwell, and where 5 MEADOW CLOSE lies on this distribution: 11% of detached houses are smaller than 5 MEADOW CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

5 MEADOW CLOSE: Plot and Title Map

5 MEADOW CLOSE sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 5 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 5 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 5 MEADOW CLOSE?

5 MEADOW CLOSE is located in WHITWELL, in the PO38 postcode district. The below map shows the position of No. 5 on MEADOW CLOSE.