Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 MADEIRA ROW is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £276,000 in June 2019, which was around 15% below the average June 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 1 MADEIRA ROW since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 1 MADEIRA ROW 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 |
---|---|---|---|
2019 21 JUN | £276,000 | £324,760 | 15% below HPI |
2018 23 AUG | £228,000 | £316,372 | 28% below HPI |
1998 25 SEP | £76,500 | £92,265 | 17% below HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three 1 MADEIRA ROW sales between September 1998 and June 2019 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 August 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.
1 MADEIRA ROW is 85m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 30% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 1 MADEIRA ROW lies on this distribution: 29% of detached houses are smaller than 1 MADEIRA ROW, and 71% of houses are larger. Note that EPC data is not available for all properties in Ryde.
1 MADEIRA ROW sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 1 MADEIRA ROW, 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 1 MADEIRA ROW). 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.
1 MADEIRA ROW is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 1 on MADEIRA ROW.