19, PARKWAY, RYDE, PO33 3RZ - £240,000

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

19 PARKWAY is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £240,000 in November 2018, which was around 25% below the average November 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

19 PARKWAY Sold Prices

Land registry data shows three sales for 19 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 19 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
2018 8 NOV	£240,000	£319,862	25% below HPI
2011 25 NOV	£197,000	£251,986	22% below HPI
1997 9 DEC	£59,000	£84,767	30% below HPI

19 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 19 PARKWAY sales between December 1997 and November 2018 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 November 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 19 PARKWAY?

19 PARKWAY is 72m² according to the EPC inspection conducted in September 2011. 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 19 PARKWAY lies on this distribution: 15% of detached houses are smaller than 19 PARKWAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Ryde.

19 PARKWAY: Plot and Title Map

19 PARKWAY sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 19 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 19 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 19 PARKWAY?

19 PARKWAY is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 19 on PARKWAY.