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 LONGMEAD ROAD is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £236,000 in October 2020, which was around 33% below the average October 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 48 LONGMEAD ROAD since 1st 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 LONGMEAD 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 |
---|---|---|---|
2020 30 OCT | £236,000 | £352,278 | 33% below HPI |
2015 10 DEC | £185,000 | £286,657 | 35% below HPI |
2004 23 JAN | £80,000 | £209,766 | 62% 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 three 48 LONGMEAD ROAD sales between January 2004 and October 2020 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 December 2015 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2020 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
48 LONGMEAD ROAD is 93m², which includes two extensions, according to the EPC inspection conducted in July 2015. 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 LONGMEAD ROAD lies on this distribution: 36% of detached houses are smaller than 48 LONGMEAD ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Ryde.
48 LONGMEAD ROAD sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 48 LONGMEAD 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 LONGMEAD 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.
48 LONGMEAD ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 48 on LONGMEAD ROAD.