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

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

3 HUTCHINSON DRIVE is a very large extended detached house of 150m², built sometime between 1967 and 1975. It was last sold for £484,000 in February 2023, which was around 12% 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	£431,728	12% above HPI
2005 30 SEP	£266,000	£237,558	12% 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 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the February 2023 sale, which was also at 12% above the HPI.

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 20% of detached houses in Pondwell, based on EPC data. The below chart shows the distribution of detached houses by size in Pondwell, and where 3 HUTCHINSON DRIVE lies on this distribution: 80% of detached houses are smaller than 3 HUTCHINSON DRIVE, and 20% 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.