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
47 MARLBOROUGH ROAD is a midsized detached house of 102m², built sometime between 2003 and 2006. It was last sold for £360,000 in December 2022, which was around 19% below the average December 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 47 MARLBOROUGH ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 47 MARLBOROUGH 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 |
---|---|---|---|
2022 2 DEC | £360,000 | £442,312 | 19% below HPI |
2014 27 MAR | £239,950 | £260,541 | 8% below HPI |
2010 17 DEC | £237,500 | £255,396 | 7% below HPI |
2006 7 DEC | £227,000 | £253,266 | 10% below HPI |
2004 2 SEP | £210,000 | £229,384 | 8% 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 five 47 MARLBOROUGH ROAD sales between September 2004 and December 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 March 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
47 MARLBOROUGH ROAD is 102m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 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 47 MARLBOROUGH ROAD lies on this distribution: 45% of detached houses are smaller than 47 MARLBOROUGH ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Ryde.
47 MARLBOROUGH ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 47 MARLBOROUGH 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 47 MARLBOROUGH 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.
47 MARLBOROUGH ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 47 on MARLBOROUGH ROAD.