2A, MAYFIELD ROAD, RYDE, PO33 3PP - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2A MAYFIELD ROAD is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £305,059. It was last sold for £195,000 in February 2015, which was around 25% below the average February 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

2A MAYFIELD ROAD Sold Prices

Land registry data shows two sales for 2A MAYFIELD 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 2A MAYFIELD 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
2015 2 FEB	£195,000	£260,237	25% below HPI
2007 2 MAR	£186,000	£253,395	27% below HPI

2A MAYFIELD 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 2A MAYFIELD ROAD sales from March 2007 and February 2015 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 March 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2015 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2A MAYFIELD ROAD be worth now?

2A MAYFIELD ROAD might now be worth an estimated £305,059.

This is based on house price inflation of 56.4%, between February 2015 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.4% inflationary increase is applied to the most recent sale price for 2A MAYFIELD ROAD of £195,000 on 2nd February 2015. For the value to have increased from £195,000 to £305,059 over the ten years to February 2025, the following assumptions must hold true:

• The value of 2A MAYFIELD ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2A MAYFIELD ROAD has not materially changed since February 2015.

How Large is 2A MAYFIELD ROAD?

2A MAYFIELD ROAD is 70m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryde, and where 2A MAYFIELD ROAD lies on this distribution: 10% of detached houses houses are smaller than 2A MAYFIELD ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Ryde.

2A MAYFIELD ROAD: Plot and Title Map

2A MAYFIELD ROAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 2A 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 2A 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.

Where is 2A MAYFIELD ROAD?

2A MAYFIELD ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 2A on MAYFIELD ROAD.