126, GREAT PRESTON ROAD, RYDE, PO33 1AZ - £295,000

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

126 GREAT PRESTON ROAD is a small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £295,000 in July 2021, which was around 20% below the average July 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

126 GREAT PRESTON ROAD Sold Prices

Land registry data shows two sales for 126 GREAT PRESTON ROAD 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 126 GREAT PRESTON ROAD 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
2021 9 JUL	£295,000	£366,712	20% below HPI
2019 14 MAY	£195,000	£322,742	40% below HPI

126 GREAT PRESTON ROAD 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 126 GREAT PRESTON ROAD sales from May 2019 and July 2021 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 2019 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 126 GREAT PRESTON ROAD?

126 GREAT PRESTON ROAD is 82m² according to the EPC inspection conducted in November 2019. 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 126 GREAT PRESTON ROAD lies on this distribution: 25% of detached houses are smaller than 126 GREAT PRESTON ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Ryde.

126 GREAT PRESTON ROAD: Plot and Title Map

126 GREAT PRESTON ROAD sits on a plot of roughly 0.145 of an acre, or 586m². The below map shows the location of 126 GREAT PRESTON ROAD, 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 126 GREAT PRESTON ROAD). 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 126 GREAT PRESTON ROAD?

126 GREAT PRESTON ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 126 on GREAT PRESTON ROAD.