38, MARINA AVENUE, RYDE, PO33 1NJ - £230,000

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

38 MARINA AVENUE is a very small detached house of 69m², built sometime between 1967 and 1975. It was last sold for £230,000 in March 2017, which was around 23% below the average March 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was B.

38 MARINA AVENUE Sold Prices

Land registry data shows two sales for 38 MARINA AVENUE 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 38 MARINA AVENUE sales were 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 10 MAR	£230,000	£299,115	23% below HPI
2000 3 MAR	£89,000	£112,759	21% below HPI

38 MARINA AVENUE 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 38 MARINA AVENUE sales from March 2000 and March 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 March 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 38 MARINA AVENUE?

38 MARINA AVENUE is 69m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 38 MARINA AVENUE lies on this distribution: 10% of detached houses are smaller than 38 MARINA AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ryde.

38 MARINA AVENUE: Plot and Title Map

38 MARINA AVENUE sits on a plot of roughly 0.127 of an acre, or 515m². The below map shows the location of 38 MARINA AVENUE, 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 38 MARINA AVENUE). 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 38 MARINA AVENUE?

38 MARINA AVENUE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 38 on MARINA AVENUE.