4, GRASMERE AVENUE, RYDE, PO33 1NU - £286,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 GRASMERE AVENUE is a large extended detached house of 132m², built sometime between 1950 and 1966, which could now be worth an estimated £504,859. It was last sold for £286,000 in August 2009, which was around 24% above the average August 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2012, where the current energy rating was C, and the potential energy rating was B.

4 GRASMERE AVENUE Sold Prices

Land registry data shows two sales for 4 GRASMERE 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. One of the two 4 GRASMERE AVENUE sales was for above the average price, whilst the other was roughly equal to 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
2009 20 AUG	£286,000	£230,629	24% above HPI
1996 20 MAY	£68,000	£67,710	Close to HPI

4 GRASMERE 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 4 GRASMERE AVENUE sales from May 1996 and August 2009 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 1996 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2009 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 4 GRASMERE AVENUE be worth now?

4 GRASMERE AVENUE might now be worth an estimated £504,859.

This is based on house price inflation of 76.5%, between August 2009 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 76.5% inflationary increase is applied to the most recent sale price for 4 GRASMERE AVENUE of £286,000 on 20th August 2009. For the value to have increased from £286,000 to £504,859 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 4 GRASMERE AVENUE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2009 sale price of £286,000 represented a fair market value for the property.
• The size, condition, and specification of 4 GRASMERE AVENUE has not materially changed since August 2009.

How Large is 4 GRASMERE AVENUE?

4 GRASMERE AVENUE is 132m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 30% of detached houses houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryde, and where 4 GRASMERE AVENUE lies on this distribution: 72% of detached houses houses are smaller than 4 GRASMERE AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in Ryde.

4 GRASMERE AVENUE: Plot and Title Map

4 GRASMERE AVENUE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 4 GRASMERE 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 4 GRASMERE 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 4 GRASMERE AVENUE?

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