48, GREAT PRESTON ROAD, RYDE, PO33 1EF - £337,500

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

48 GREAT PRESTON ROAD is a small detached house of 96m², built sometime between 1900 and 1929. It was last sold for £337,500 in September 2022, which was around 21% below the average September 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

48 GREAT PRESTON ROAD Sold Prices

Land registry data shows three sales for 48 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 48 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
2022 26 SEP	£337,500	£426,553	21% below HPI
2013 21 NOV	£200,000	£259,215	23% below HPI
2006 28 APR	£171,500	£238,655	28% below HPI

48 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 48 GREAT PRESTON ROAD sales between April 2006 and September 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 November 2013 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2022 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 48 GREAT PRESTON ROAD?

48 GREAT PRESTON ROAD is 96m² according to the EPC inspection conducted in May 2021. 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 48 GREAT PRESTON ROAD lies on this distribution: 38% of detached houses are smaller than 48 GREAT PRESTON ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Ryde.

48 GREAT PRESTON ROAD: Plot and Title Map

48 GREAT PRESTON ROAD sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 48 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 48 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 48 GREAT PRESTON ROAD?

48 GREAT PRESTON ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 48 on GREAT PRESTON ROAD.