3, PARK VIEW, WOOTTON BRIDGE, RYDE, PO33 4RJ - £365,000

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 PARK VIEW is a large detached house of 120m², built sometime between 1967 and 1975. It was last sold for £365,000 in November 2017, which was around 18% above the average November 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2014, where the current energy rating was C, and the potential energy rating was B.

3 PARK VIEW Sold Prices

Land registry data shows three sales for 3 PARK VIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Two of the three 3 PARK VIEW sales were for above the average price, whilst one was 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
2017 17 NOV	£365,000	£308,199	18% above HPI
2017 12 MAY	£338,000	£301,582	12% above HPI
2014 28 AUG	£250,000	£265,613	6% below HPI

3 PARK VIEW 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 three 3 PARK VIEW sales between August 2014 and November 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 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the November 2017 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 3 PARK VIEW?

3 PARK VIEW is 120m² according to the EPC inspection conducted in April 2014. This puts it in the largest 40% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where 3 PARK VIEW lies on this distribution: 67% of detached houses are smaller than 3 PARK VIEW, and 33% of houses are larger. Note that EPC data is not available for all properties in Wootton.

3 PARK VIEW: Plot and Title Map

3 PARK VIEW sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 3 PARK VIEW, 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 PARK VIEW). 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 PARK VIEW?

3 PARK VIEW is located in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of No. 3 on PARK VIEW.