5, RECTORY CLOSE, WOOTTON BRIDGE, RYDE, PO33 4QB - £200,000

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.

5 RECTORY CLOSE is a very small semi-detached house of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £259,217. It was last sold for £200,000 in March 2018, which was around 3% below the average March 2018 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was B.

5 RECTORY CLOSE Sold Prices

Land registry data shows seven sales for 5 RECTORY CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the seven 5 RECTORY CLOSE sales 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
2018 12 MAR	£200,000	£205,593	3% below HPI
2007 4 MAY	£177,100	£180,545	2% below HPI
2005 2 DEC	£152,000	£164,615	8% below HPI
2003 19 JUN	£135,000	£129,797	4% above HPI
2002 1 MAR	£98,700	£93,774	5% above HPI
2000 27 APR	£79,950	£72,704	10% above HPI
1995 30 MAR	£54,000	£44,948	20% above HPI

5 RECTORY 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 seven 5 RECTORY CLOSE sales between March 1995 and March 2018 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 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 5 RECTORY CLOSE be worth now?

5 RECTORY CLOSE might now be worth an estimated £259,217.

This is based on house price inflation of 29.6%, between March 2018 and May 2026, 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 29.6% inflationary increase is applied to the most recent sale price for 5 RECTORY CLOSE of £200,000 on 12th March 2018. For the value to have increased from £200,000 to £259,217 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 RECTORY CLOSE has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The March 2018 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RECTORY CLOSE has not materially changed since March 2018.

How Large is 5 RECTORY CLOSE?

5 RECTORY CLOSE is 57m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of semi-detached houses houses in Wootton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wootton, and where 5 RECTORY CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 5 RECTORY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Wootton.

5 RECTORY CLOSE: Plot and Title Map

5 RECTORY CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 RECTORY 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 RECTORY 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 RECTORY CLOSE?

5 RECTORY CLOSE is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 5 on RECTORY CLOSE.