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
2 LITTLE PRESTON ROAD is a very large extended detached house of 176m², built sometime between 1930 and 1949. It was last sold for £365,000 in December 2020, which was around 1% below the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 2 LITTLE PRESTON ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 2 LITTLE PRESTON ROAD 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 |
---|---|---|---|
2020 10 DEC | £365,000 | £368,126 | 1% below HPI |
2015 6 NOV | £235,000 | £286,145 | 18% below HPI |
2011 23 MAY | £195,000 | £249,829 | 22% below HPI |
2003 12 DEC | £169,000 | £208,499 | 19% below HPI |
2002 11 JUN | £140,000 | £162,028 | 14% 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 five 2 LITTLE PRESTON ROAD sales between June 2002 and December 2020 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 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
2 LITTLE PRESTON ROAD is 176m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 2 LITTLE PRESTON ROAD lies on this distribution: 89% of detached houses are smaller than 2 LITTLE PRESTON ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Ryde.
2 LITTLE PRESTON ROAD sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 2 LITTLE PRESTON ROAD, 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 LITTLE PRESTON ROAD). 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 LITTLE PRESTON ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 2 on LITTLE PRESTON ROAD.