23, PARKWAY, RYDE, PO33 3RZ - £140,000

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

23 PARKWAY is a very small detached house of 54m², built sometime between 1950 and 1966. It was last sold for £140,000 in December 2012, which was around 43% below the average December 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2009, where the current energy rating was F, and the potential energy rating was E.

23 PARKWAY Sold Prices

Land registry data shows three sales for 23 PARKWAY 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 23 PARKWAY 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
2012 20 DEC	£140,000	£247,284	43% below HPI
2006 27 NOV	£175,000	£254,508	31% below HPI
1998 16 MAR	£47,000	£82,325	43% below HPI

23 PARKWAY 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 23 PARKWAY sales between March 1998 and December 2012 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 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2012 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 23 PARKWAY?

23 PARKWAY is 54m² according to the EPC inspection conducted in May 2009. This puts it in the smallest 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 23 PARKWAY lies on this distribution: 2% of detached houses are smaller than 23 PARKWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Ryde.

23 PARKWAY: Plot and Title Map

23 PARKWAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 23 PARKWAY, 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 PARKWAY). 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 PARKWAY?

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