23, MELVILLE STREET, RYDE, PO33 2AW - £235,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

23 MELVILLE STREET is a small extended semi-detached house of 88m², built sometime between 1900 and 1929. It was last sold for £235,000 in April 2022, which was around 43% below the average April 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

23 MELVILLE STREET Sold Prices

Land registry data shows two sales for 23 MELVILLE STREET 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. Both of the two 23 MELVILLE STREET 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
2022 21 APR	£235,000	£409,792	43% below HPI
2002 2 AUG	£92,500	£169,911	46% below HPI

23 MELVILLE STREET 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 23 MELVILLE STREET sales from August 2002 and April 2022 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 August 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the April 2022 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 23 MELVILLE STREET?

23 MELVILLE STREET is 88m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 23 MELVILLE STREET lies on this distribution: 30% of detached houses are smaller than 23 MELVILLE STREET, and 69% of houses are larger. Note that EPC data is not available for all properties in Ryde.

23 MELVILLE STREET: Plot and Title Map

23 MELVILLE STREET sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 23 MELVILLE STREET, 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 23 MELVILLE STREET). 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 23 MELVILLE STREET?

23 MELVILLE STREET is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 23 on MELVILLE STREET.