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
47 SPENCER ROAD is a very large extended detached house of 222m², built sometime between 1967 and 1975. It was last sold for £487,000 in October 2013, which was around 90% above the average October 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 47 SPENCER ROAD since 1st 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. Both of the two 47 SPENCER ROAD sales were for above 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 |
---|---|---|---|
2013 18 OCT | £487,000 | £255,998 | 90% above HPI |
1998 12 OCT | £165,000 | £92,955 | 78% above 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 two 47 SPENCER ROAD sales from October 1998 and October 2013 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 October 1998 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the October 2013 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.
47 SPENCER ROAD is 222m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the largest 10% 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 SPENCER ROAD lies on this distribution: 94% of detached houses are smaller than 47 SPENCER ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Ryde.
47 SPENCER ROAD sits on a plot of roughly 0.308 of an acre, or 1,247m². The below map shows the location of 47 SPENCER 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 SPENCER 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 SPENCER ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 47 on SPENCER ROAD.