10, SOVEREIGN WAY, RYDE, PO33 3DL - £299,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 SOVEREIGN WAY is a large extended detached house of 128m², built sometime between 1996 and 2002. It was last sold for £299,950 in December 2017, which was around 3% below the average December 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

10 SOVEREIGN WAY Sold Prices

Land registry data shows two sales for 10 SOVEREIGN WAY 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. One of the two 10 SOVEREIGN WAY sales was for below the average price, whilst the other was for above 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 20 DEC	£299,950	£309,102	3% below HPI
1998 6 FEB	£107,500	£82,939	30% above HPI

10 SOVEREIGN WAY 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 10 SOVEREIGN WAY sales from February 1998 and December 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 February 1998 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 10 SOVEREIGN WAY?

10 SOVEREIGN WAY is 128m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 40% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 10 SOVEREIGN WAY lies on this distribution: 68% of detached houses are smaller than 10 SOVEREIGN WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Ryde.

10 SOVEREIGN WAY: Plot and Title Map

10 SOVEREIGN WAY sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 10 SOVEREIGN WAY, 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 10 SOVEREIGN WAY). 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 10 SOVEREIGN WAY?

10 SOVEREIGN WAY is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 10 on SOVEREIGN WAY.