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
27 SOMERSET ROAD is a midsized semi-detached house of 112m², built sometime between 1983 and 1990. It was last sold for £210,000 in September 2016, which was around 29% below the average September 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 27 SOMERSET ROAD since 1st 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 27 SOMERSET ROAD 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 |
---|---|---|---|
2016 16 SEP | £210,000 | £295,772 | 29% below HPI |
1997 30 MAY | £58,000 | £76,595 | 24% 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 two 27 SOMERSET ROAD sales from May 1997 and September 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 May 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
27 SOMERSET ROAD is 112m² according to the EPC inspection conducted in March 2016. This puts it in the largest 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 27 SOMERSET ROAD lies on this distribution: 55% of detached houses are smaller than 27 SOMERSET ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Ryde.
27 SOMERSET ROAD sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 27 SOMERSET 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 27 SOMERSET 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.
27 SOMERSET ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 27 on SOMERSET ROAD.