12, SPENCER GLADE, RYDE, PO33 3AJ - £320,500

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.

12 SPENCER GLADE is a large detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £409,206. It was last sold for £320,500 in February 2019, which was around 1% above the average February 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

12 SPENCER GLADE Sold Prices

Land registry data shows two sales for 12 SPENCER GLADE 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 12 SPENCER GLADE sales were 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
2019 14 FEB	£320,500	£318,863	1% above HPI
1998 14 JUL	£115,000	£86,539	33% above HPI

12 SPENCER GLADE 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 12 SPENCER GLADE sales from July 1998 and February 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 July 1998 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the February 2019 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 12 SPENCER GLADE be worth now?

12 SPENCER GLADE might now be worth an estimated £409,206.

This is based on house price inflation of 27.7%, between February 2019 and February 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 27.7% inflationary increase is applied to the most recent sale price for 12 SPENCER GLADE of £320,500 on 14th February 2019. For the value to have increased from £320,500 to £409,206 over the six years to February 2025, the following assumptions must hold true:

• The value of 12 SPENCER GLADE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2019 sale price of £320,500 represented a fair market value for the property.
• The size, condition, and specification of 12 SPENCER GLADE has not materially changed since February 2019.

How Large is 12 SPENCER GLADE?

12 SPENCER GLADE is 122m² according to the EPC inspection conducted in August 2013. This puts it in the largest 40% of detached houses houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryde, and where 12 SPENCER GLADE lies on this distribution: 64% of detached houses houses are smaller than 12 SPENCER GLADE, and 36% of houses are larger. Note that EPC data is not available for all properties in Ryde.

12 SPENCER GLADE: Plot and Title Map

12 SPENCER GLADE sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 12 SPENCER GLADE, 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 12 SPENCER GLADE). 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 12 SPENCER GLADE?

12 SPENCER GLADE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 12 on SPENCER GLADE.