5, WYCHWOOD CLOSE, SEAVIEW, PO34 5JD - £355,000

5 WYCHWOOD CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £355,000 in March 2023, which was around 17% below the average March 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

5 WYCHWOOD CLOSE Sold Prices

Land registry data shows two sales for 5 WYCHWOOD 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 5 WYCHWOOD 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
2023 6 MAR	£355,000	£428,126	17% below HPI
1999 29 SEP	£90,000	£103,136	13% below HPI

5 WYCHWOOD 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 5 WYCHWOOD CLOSE sales from September 1999 and March 2023 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 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 5 WYCHWOOD CLOSE?

5 WYCHWOOD CLOSE is 65m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of detached houses in Nettlestone, based on EPC data. The below chart shows the distribution of detached houses by size in Nettlestone, and where 5 WYCHWOOD CLOSE lies on this distribution: 2% of detached houses are smaller than 5 WYCHWOOD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Nettlestone.

5 WYCHWOOD CLOSE: Plot and Title Map

5 WYCHWOOD CLOSE sits on a plot of roughly 0.139 of an acre, or 564m². The below map shows the location of 5 WYCHWOOD 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 WYCHWOOD 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 WYCHWOOD CLOSE?

5 WYCHWOOD CLOSE is located in SEAVIEW, in the PO34 postcode district. The below map shows the position of No. 5 on WYCHWOOD CLOSE.