40A, ST MICHAELS AVENUE, RYDE, PO33 3EH - £140,000

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

40A ST MICHAELS AVENUE is a very small semi-detached house of 74m², built sometime between 1996 and 2002. It was last sold for £140,000 in December 2010, which was around 45% below the average December 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

40A ST MICHAELS AVENUE Sold Prices

Land registry data shows three sales for 40A ST MICHAELS AVENUE 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 40A ST MICHAELS 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
2010 17 DEC	£140,000	£255,396	45% below HPI
2009 7 AUG	£125,000	£235,539	47% below HPI
2008 22 AUG	£61,410	£259,165	76% below HPI

40A ST MICHAELS 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 three 40A ST MICHAELS AVENUE sales between August 2008 and December 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 August 2009 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2010 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 40A ST MICHAELS AVENUE?

40A ST MICHAELS AVENUE is 74m² according to the EPC inspection conducted in October 2020. 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 40A ST MICHAELS AVENUE lies on this distribution: 17% of detached houses are smaller than 40A ST MICHAELS AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ryde.

40A ST MICHAELS AVENUE: Plot and Title Map

40A ST MICHAELS AVENUE sits on a plot of roughly 0.030 of an acre, or 122m². The below map shows the location of 40A ST MICHAELS 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 40A ST MICHAELS 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 40A ST MICHAELS AVENUE?

40A ST MICHAELS AVENUE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 40A on ST MICHAELS AVENUE.