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
24 MAYFIELD ROAD is a very large extended detached house of 163m², built sometime between 1930 and 1949. It was last sold for £470,000 in January 2024, which was around 11% above the average January 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 24 MAYFIELD 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. Most of the five 24 MAYFIELD ROAD sales were 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 |
---|---|---|---|
2024 16 JAN | £470,000 | £424,950 | 11% above HPI |
2018 3 AUG | £395,000 | £316,372 | 25% above HPI |
2011 4 MAR | £310,000 | £255,993 | 21% above HPI |
2008 14 MAY | £318,000 | £262,403 | 21% above HPI |
2001 14 DEC | £129,000 | £152,206 | 15% 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 24 MAYFIELD ROAD sales between December 2001 and January 2024 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 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the January 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.
24 MAYFIELD ROAD is 163m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 24 MAYFIELD ROAD lies on this distribution: 86% of detached houses are smaller than 24 MAYFIELD ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Ryde.
24 MAYFIELD ROAD sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 24 MAYFIELD 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 24 MAYFIELD 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.
24 MAYFIELD ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 24 on MAYFIELD ROAD.