3, HUTCHINSON DRIVE, RYDE, PO33 1QP - £484,000

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.

3 HUTCHINSON DRIVE is a large extended detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £466,125. It was last sold for £484,000 in February 2023, which was around 14% above the average February 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

3 HUTCHINSON DRIVE Sold Prices

Land registry data shows two sales for 3 HUTCHINSON DRIVE 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 3 HUTCHINSON DRIVE 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
2023 27 FEB	£484,000	£422,728	14% above HPI
2005 30 SEP	£266,000	£232,606	14% above HPI

3 HUTCHINSON DRIVE 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 3 HUTCHINSON DRIVE sales from September 2005 and February 2023 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 September 2005 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the February 2023 sale, which was also at 14% above the HPI.

What might 3 HUTCHINSON DRIVE be worth now?

3 HUTCHINSON DRIVE might now be worth an estimated £466,125.

This is based on house price deflation of 3.7%, between February 2023 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 3.7% deflationary decrease is applied to the most recent sale price for 3 HUTCHINSON DRIVE of £484,000 on 27th February 2023. For the value to have decreased from £484,000 to £466,125 over the two years to February 2025, the following assumptions must hold true:

• The value of 3 HUTCHINSON DRIVE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2023 sale price of £484,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HUTCHINSON DRIVE has not materially changed since February 2023.

How Large is 3 HUTCHINSON DRIVE?

3 HUTCHINSON DRIVE is 150m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 30% of detached houses houses in Pondwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pondwell, and where 3 HUTCHINSON DRIVE lies on this distribution: 77% of detached houses houses are smaller than 3 HUTCHINSON DRIVE, and 23% of houses are larger. Note that EPC data is not available for all properties in Pondwell.

3 HUTCHINSON DRIVE: Plot and Title Map

3 HUTCHINSON DRIVE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 3 HUTCHINSON DRIVE, 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 3 HUTCHINSON DRIVE). 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 3 HUTCHINSON DRIVE?

3 HUTCHINSON DRIVE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 3 on HUTCHINSON DRIVE.