17, WELL STREET, RYDE, PO33 2SG - £400,000

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.

17 WELL STREET is a large detached house of 118m², built sometime between 1930 and 1949, which could now be worth an estimated £385,227. It was last sold for £400,000 in February 2023, which was around 5% below the average February 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

17 WELL STREET Sold Prices

Land registry data shows two sales for 17 WELL STREET 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 17 WELL STREET 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
2023 10 FEB	£400,000	£422,728	5% below HPI
2021 10 SEP	£135,000	£364,282	63% below HPI

17 WELL STREET 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 17 WELL STREET sales from September 2021 and February 2023 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 September 2021 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the February 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 17 WELL STREET be worth now?

17 WELL STREET might now be worth an estimated £385,227.

This is based on house price deflation of 3.7%, between February 2023 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 3.7% deflationary decrease is applied to the most recent sale price for 17 WELL STREET of £400,000 on 10th February 2023. For the value to have decreased from £400,000 to £385,227 over the two years to February 2025, the following assumptions must hold true:

• The value of 17 WELL STREET has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 17 WELL STREET has not materially changed since February 2023.

How Large is 17 WELL STREET?

17 WELL STREET is 118m² according to the EPC inspection conducted in September 2022. 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 17 WELL STREET lies on this distribution: 61% of detached houses houses are smaller than 17 WELL STREET, and 39% of houses are larger. Note that EPC data is not available for all properties in Ryde.

17 WELL STREET: Plot and Title Map

17 WELL STREET sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 17 WELL STREET, 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 17 WELL STREET). 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 17 WELL STREET?

17 WELL STREET is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 17 on WELL STREET.