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
2 ADELAIDE PLACE is a very large extended detached house of 192m², built sometime between 1900 and 1929. It was last sold for £327,500 in May 2017, which was around 9% above the average May 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 ADELAIDE PLACE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the four 2 ADELAIDE PLACE 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 |
---|---|---|---|
2017 17 MAY | £327,500 | £301,582 | 9% above HPI |
2000 18 SEP | £113,000 | £126,104 | 10% below HPI |
2000 19 MAY | £107,500 | £116,227 | 8% below HPI |
1999 19 MAR | £69,950 | £95,180 | 27% below HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 2 ADELAIDE PLACE sales between March 1999 and May 2017 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 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2017 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
2 ADELAIDE PLACE is 192m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 10% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 2 ADELAIDE PLACE lies on this distribution: 91% of detached houses are smaller than 2 ADELAIDE PLACE, and 9% of houses are larger. Note that EPC data is not available for all properties in Ryde.
2 ADELAIDE PLACE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 2 ADELAIDE PLACE, 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 2 ADELAIDE PLACE). 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.
2 ADELAIDE PLACE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 2 on ADELAIDE PLACE.