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 ROYAL WALK is a midsized extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £375,000 in February 2014, which was around 45% above the average February 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 3 ROYAL WALK since 1st 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 ROYAL WALK 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 |
---|---|---|---|
2014 25 FEB | £375,000 | £259,038 | 45% above HPI |
2003 10 JAN | £199,950 | £185,172 | 8% above HPI |
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 ROYAL WALK sales from January 2003 and February 2014 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 January 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the February 2014 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.
3 ROYAL WALK is 107m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 3 ROYAL WALK lies on this distribution: 51% of detached houses are smaller than 3 ROYAL WALK, and 48% of houses are larger. Note that EPC data is not available for all properties in Ryde.
3 ROYAL WALK sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 3 ROYAL WALK, 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 ROYAL WALK). 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.
3 ROYAL WALK is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 3 on ROYAL WALK.