25, GRASMERE AVENUE, RYDE, PO33 1NU - £245,000

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

25 GRASMERE AVENUE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £245,000 in February 2017, which was around 17% below the average February 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was B.

25 GRASMERE AVENUE Sold Prices

Land registry data shows two sales for 25 GRASMERE AVENUE 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 25 GRASMERE AVENUE 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	£245,000	£295,207	17% below HPI
2015 12 OCT	£167,000	£286,326	42% below HPI

25 GRASMERE AVENUE 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 25 GRASMERE AVENUE sales from October 2015 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 October 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2017 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 25 GRASMERE AVENUE?

25 GRASMERE AVENUE is 71m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 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 25 GRASMERE AVENUE lies on this distribution: 12% of detached houses are smaller than 25 GRASMERE AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ryde.

25 GRASMERE AVENUE: Plot and Title Map

25 GRASMERE AVENUE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 25 GRASMERE AVENUE, 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 25 GRASMERE AVENUE). 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 25 GRASMERE AVENUE?

25 GRASMERE AVENUE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 25 on GRASMERE AVENUE.