20, SOVEREIGN WAY, RYDE, PO33 3DL - £265,000

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

20 SOVEREIGN WAY is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £265,000 in December 2016, which was around 8% below the average December 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

20 SOVEREIGN WAY Sold Prices

Land registry data shows two sales for 20 SOVEREIGN WAY 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. One of the two 20 SOVEREIGN WAY sales was for below the average price, whilst the other was for above 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
2016 9 DEC	£265,000	£289,331	8% below HPI
1996 19 JUN	£77,000	£69,114	11% above HPI

20 SOVEREIGN WAY 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 20 SOVEREIGN WAY sales from June 1996 and December 2016 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 June 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 20 SOVEREIGN WAY?

20 SOVEREIGN WAY is 104m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 20 SOVEREIGN WAY lies on this distribution: 47% of detached houses are smaller than 20 SOVEREIGN WAY, and 53% of houses are larger. Note that EPC data is not available for all properties in Ryde.

20 SOVEREIGN WAY: Plot and Title Map

20 SOVEREIGN WAY sits on a plot of roughly 0.071 of an acre, or 285m². The below map shows the location of 20 SOVEREIGN WAY, 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 20 SOVEREIGN WAY). 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 20 SOVEREIGN WAY?

20 SOVEREIGN WAY is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 20 on SOVEREIGN WAY.