29, WELL STREET, RYDE, PO33 2RZ - £175,000

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

29 WELL STREET is a small detached house of 91m², built sometime between 1900 and 1929. It was last sold for £175,000 in January 2007, which was around 32% below the average January 2007 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

29 WELL STREET Sold Prices

Land registry data shows two sales for 29 WELL STREET 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 WELL STREET 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
2007 19 JAN	£175,000	£258,033	32% below HPI
1995 29 DEC	£38,000	£69,849	46% below HPI

29 WELL STREET 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 WELL STREET sales from December 1995 and January 2007 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 December 1995 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2007 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 29 WELL STREET?

29 WELL STREET is 91m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% 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 WELL STREET lies on this distribution: 33% of detached houses are smaller than 29 WELL STREET, and 66% of houses are larger. Note that EPC data is not available for all properties in Ryde.

29 WELL STREET: Plot and Title Map

29 WELL STREET sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 29 WELL STREET, 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 WELL STREET). 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 WELL STREET?

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