40, GREAT PRESTON ROAD, RYDE, PO33 1EF - £315,000

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

40 GREAT PRESTON ROAD is a small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £315,000 in April 2021, which was around 14% below the average April 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

40 GREAT PRESTON ROAD Sold Prices

Land registry data shows three sales for 40 GREAT PRESTON 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 40 GREAT PRESTON ROAD 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
2021 30 APR	£315,000	£364,812	14% below HPI
2014 14 AUG	£217,000	£265,613	18% below HPI
2006 18 AUG	£205,000	£246,160	17% below HPI

40 GREAT PRESTON 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 40 GREAT PRESTON ROAD sales between August 2006 and April 2021 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 August 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 40 GREAT PRESTON ROAD?

40 GREAT PRESTON ROAD is 89m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 40 GREAT PRESTON ROAD lies on this distribution: 31% of detached houses are smaller than 40 GREAT PRESTON ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Ryde.

40 GREAT PRESTON ROAD: Plot and Title Map

40 GREAT PRESTON ROAD sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 40 GREAT PRESTON 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 40 GREAT PRESTON 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 40 GREAT PRESTON ROAD?

40 GREAT PRESTON ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 40 on GREAT PRESTON ROAD.