4, CHESTNUT GROVE, RYDE, PO33 1NP - £232,500

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

4 CHESTNUT GROVE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £232,500 in April 2010, which was around 8% below the average April 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

4 CHESTNUT GROVE Sold Prices

Land registry data shows two sales for 4 CHESTNUT GROVE 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 4 CHESTNUT GROVE 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
2010 13 APR	£232,500	£254,018	8% below HPI
1996 13 DEC	£70,000	£71,212	2% below HPI

4 CHESTNUT GROVE 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 4 CHESTNUT GROVE sales from December 1996 and April 2010 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 December 1996 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2010 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 4 CHESTNUT GROVE?

4 CHESTNUT GROVE is 71m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 4 CHESTNUT GROVE lies on this distribution: 12% of detached houses are smaller than 4 CHESTNUT GROVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Ryde.

4 CHESTNUT GROVE: Plot and Title Map

4 CHESTNUT GROVE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 4 CHESTNUT GROVE, 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 4 CHESTNUT GROVE). 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 4 CHESTNUT GROVE?

4 CHESTNUT GROVE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 4 on CHESTNUT GROVE.