15, PARKWAY, RYDE, PO33 3RZ - £180,000

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

15 PARKWAY is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £180,000 in October 2014, which was around 34% below the average October 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

15 PARKWAY Sold Prices

Land registry data shows two sales for 15 PARKWAY 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 15 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
2014 27 OCT	£180,000	£271,407	34% below HPI
2005 28 OCT	£160,000	£243,518	34% below HPI

15 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 two 15 PARKWAY sales from October 2005 and October 2014 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 October 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2014 sale, which was also at 34% below the HPI.

How Large is 15 PARKWAY?

15 PARKWAY is 70m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 15 PARKWAY lies on this distribution: 10% of detached houses are smaller than 15 PARKWAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Ryde.

15 PARKWAY: Plot and Title Map

15 PARKWAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 15 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 15 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 15 PARKWAY?

15 PARKWAY is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 15 on PARKWAY.