14, PARKWAY, RYDE, PO33 3RZ - £197,500

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

14 PARKWAY is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £197,500 in September 2008, which was around 23% below the average September 2008 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

14 PARKWAY Sold Prices

Land registry data shows three sales for 14 PARKWAY since 1^st 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 14 PARKWAY 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
2008 12 SEP	£197,500	£255,321	23% below HPI
1996 4 DEC	£60,000	£71,212	16% below HPI
1996 21 JUN	£63,500	£69,114	8% below HPI

14 PARKWAY 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 three 14 PARKWAY sales between June 1996 and September 2008 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 December 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2008 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 14 PARKWAY?

14 PARKWAY is 114m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 14 PARKWAY lies on this distribution: 58% of detached houses are smaller than 14 PARKWAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Ryde.

14 PARKWAY: Plot and Title Map

14 PARKWAY sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 14 PARKWAY, 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 14 PARKWAY). 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 14 PARKWAY?

14 PARKWAY is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 14 on PARKWAY.