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 MADEIRA ROW is a midsized detached house of 113m², built sometime between 1991 and 1995. It was last sold for £375,000 in July 2022, which was around 12% below the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 4 MADEIRA ROW since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 4 MADEIRA ROW 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 |
---|---|---|---|
2022 26 JUL | £375,000 | £424,658 | 12% below HPI |
2018 27 APR | £260,000 | £308,472 | 16% below HPI |
2005 25 NOV | £97,500 | £241,956 | 60% below HPI |
1998 6 NOV | £79,600 | £95,045 | 16% below 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 four 4 MADEIRA ROW sales between November 1998 and July 2022 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 April 2018 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
4 MADEIRA ROW is 113m² according to the EPC inspection conducted in May 2015. 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 4 MADEIRA ROW lies on this distribution: 57% of detached houses are smaller than 4 MADEIRA ROW, and 43% of houses are larger. Note that EPC data is not available for all properties in Ryde.
4 MADEIRA ROW sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 4 MADEIRA ROW, 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 MADEIRA ROW). 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.
4 MADEIRA ROW is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 4 on MADEIRA ROW.