8, MEADOW CLOSE, WHITWELL, VENTNOR, PO38 2QD - £235,000

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.

8 MEADOW CLOSE is a midsized detached house of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £323,111. It was last sold for £235,000 in March 2017, which was around 20% below the average March 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

8 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 8 MEADOW 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 8 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
2017 27 MAR	£235,000	£292,880	20% below HPI
1995 19 MAY	£48,000	£66,782	28% below HPI

8 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 two 8 MEADOW CLOSE sales from May 1995 and March 2017 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 1995 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2017 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 8 MEADOW CLOSE be worth now?

8 MEADOW CLOSE might now be worth an estimated £323,111.

This is based on house price inflation of 37.5%, between March 2017 and March 2025, for 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 37.5% inflationary increase is applied to the most recent sale price for 8 MEADOW CLOSE of £235,000 on 27th March 2017. For the value to have increased from £235,000 to £323,111 over the eight years to March 2025, the following assumptions must hold true:

• The value of 8 MEADOW CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MEADOW CLOSE has not materially changed since March 2017.

How Large is 8 MEADOW CLOSE?

8 MEADOW CLOSE is 90m² according to the EPC inspection conducted in January 2017. This puts it in the largest 50% of detached houses houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitwell, and where 8 MEADOW CLOSE lies on this distribution: 51% of detached houses houses are smaller than 8 MEADOW CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

8 MEADOW CLOSE: Plot and Title Map

8 MEADOW CLOSE sits on a plot of roughly 0.153 of an acre, or 619m². The below map shows the location of 8 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 8 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 8 MEADOW CLOSE?

8 MEADOW CLOSE is located in WHITWELL, in the PO38 postcode district. The below map shows the position of No. 8 on MEADOW CLOSE.