31, SPENCER ROAD, RYDE, PO33 3AA - £249,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 SPENCER ROAD is a large detached house of 120m², built sometime between 1950 and 1966. It was last sold for £249,000 in October 2003, which was around 26% above the average October 2003 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

31 SPENCER ROAD Sold Prices

Land registry data shows three sales for 31 SPENCER ROAD 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. All of the three 31 SPENCER ROAD 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
2003 1 OCT	£249,000	£198,359	26% above HPI
2001 25 JUN	£202,000	£134,781	50% above HPI
1996 29 MAY	£92,000	£69,152	33% above HPI

31 SPENCER 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 three 31 SPENCER ROAD sales between May 1996 and October 2003 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 June 2001 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the October 2003 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 31 SPENCER ROAD?

31 SPENCER ROAD is 120m² according to the EPC inspection conducted in September 2010. This puts it in the largest 40% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 31 SPENCER ROAD lies on this distribution: 63% of detached houses are smaller than 31 SPENCER ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Ryde.

31 SPENCER ROAD: Plot and Title Map

31 SPENCER ROAD sits on a plot of roughly 0.270 of an acre, or 1,093m². The below map shows the location of 31 SPENCER 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 31 SPENCER 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 31 SPENCER ROAD?

31 SPENCER ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 31 on SPENCER ROAD.