29, SPENCER ROAD, RYDE, PO33 3AA - £600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

29 SPENCER ROAD is a very large extended detached house of 281m², built sometime between 1950 and 1966. It was last sold for £600,000 in February 2017, which was around 103% above the average February 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

29 SPENCER ROAD Sold Prices

Land registry data shows two sales for 29 SPENCER ROAD 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 29 SPENCER 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
2017 9 FEB	£600,000	£295,207	103% above HPI
2000 22 MAY	£145,000	£116,227	25% above HPI

29 SPENCER ROAD 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 29 SPENCER ROAD sales from May 2000 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 May 2000 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the February 2017 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

How Large is 29 SPENCER ROAD?

29 SPENCER ROAD is 281m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 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 29 SPENCER ROAD lies on this distribution: 98% of detached houses are smaller than 29 SPENCER ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Ryde.

29 SPENCER ROAD: Plot and Title Map

29 SPENCER ROAD sits on a plot of roughly 0.290 of an acre, or 1,175m². The below map shows the location of 29 SPENCER 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 29 SPENCER 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.

Where is 29 SPENCER ROAD?

29 SPENCER ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 29 on SPENCER ROAD.