2, POUND MEAD, RYDE, PO33 3HH - £270,000

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

2 POUND MEAD is a small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £270,000 in February 2017, which was around 9% below the average February 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

2 POUND MEAD Sold Prices

Land registry data shows three sales for 2 POUND MEAD 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 2 POUND MEAD 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 28 FEB	£270,000	£295,207	9% below HPI
2008 14 MAR	£240,000	£262,770	9% below HPI
2004 5 MAR	£180,000	£210,671	15% below HPI

2 POUND MEAD 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 2 POUND MEAD sales between March 2004 and February 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 March 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2017 sale, which was also at 9% below the HPI.

How Large is 2 POUND MEAD?

2 POUND MEAD is 82m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 30% 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 POUND MEAD lies on this distribution: 25% of detached houses are smaller than 2 POUND MEAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Ryde.

2 POUND MEAD: Plot and Title Map

2 POUND MEAD sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 2 POUND MEAD, 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 POUND MEAD). 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 2 POUND MEAD?

2 POUND MEAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 2 on POUND MEAD.