6, NICHOLAS CLOSE, BRADING, SANDOWN, PO36 0BL - £185,000

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.

6 NICHOLAS CLOSE is a midsized extended detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £230,557. It was last sold for £185,000 in July 2018, which was around 40% below the average July 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

6 NICHOLAS CLOSE Sold Prices

Land registry data shows one sale for 6 NICHOLAS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 25 JUL	£185,000	£306,262	40% below HPI

What might 6 NICHOLAS CLOSE be worth now?

6 NICHOLAS CLOSE might now be worth an estimated £230,557.

This is based on house price inflation of 24.6%, between July 2018 and March 2026, 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 24.6% inflationary increase is applied to the most recent sale price for 6 NICHOLAS CLOSE of £185,000 on 25th July 2018. For the value to have increased from £185,000 to £230,557 over the eight years and four months to March 2026, the following assumptions must hold true:

• The value of 6 NICHOLAS CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 6 NICHOLAS CLOSE has not materially changed since July 2018.

How Large is 6 NICHOLAS CLOSE?

6 NICHOLAS CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Brading, based on EPC data. The below chart shows the distribution of detached houses by size in Brading, and where 6 NICHOLAS CLOSE lies on this distribution: 43% of detached houses are smaller than 6 NICHOLAS CLOSE, and 56% of detached houses are larger. Note that EPC data is not available for all properties in Brading.

6 NICHOLAS CLOSE: Plot

6 NICHOLAS CLOSE sits on a plot of roughly 0.183 of an acre, or 740m².

Where is 6 NICHOLAS CLOSE?

6 NICHOLAS CLOSE is located in BRADING, in the PO36 postcode district.