7, CHINE CLOSE, FRESHWATER, PO40 9NS - £234,500

7 CHINE CLOSE is a small detached house of 90m², built sometime between 1976 and 1982. It was last sold for £234,500 in October 2010, which was around 9% below the average October 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

7 CHINE CLOSE Sold Prices

Land registry data shows two sales for 7 CHINE 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 7 CHINE 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
2010 4 OCT	£234,500	£258,688	9% below HPI
2007 2 MAR	£230,000	£258,789	11% below HPI

7 CHINE 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 7 CHINE CLOSE sales from March 2007 and October 2010 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 March 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2010 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 CHINE CLOSE?

7 CHINE CLOSE is 90m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where 7 CHINE CLOSE lies on this distribution: 21% of detached houses are smaller than 7 CHINE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Colwell.

7 CHINE CLOSE: Plot and Title Map

7 CHINE CLOSE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 7 CHINE 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 7 CHINE 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 7 CHINE CLOSE?

7 CHINE CLOSE is located in FRESHWATER, in the PO40 postcode district. The below map shows the position of No. 7 on CHINE CLOSE.