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
5 LOWER HYDE ROAD is a large detached house of 125m², built sometime between 1983 and 1990. It was last sold for £425,000 in April 2022, which was around 4% above the average April 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 LOWER HYDE 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 5 LOWER HYDE 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 |
---|---|---|---|
2022 14 APR | £425,000 | £409,792 | 4% above HPI |
2003 16 JUN | £240,000 | £200,475 | 20% above HPI |
1995 10 APR | £85,000 | £67,855 | 25% 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 three 5 LOWER HYDE ROAD sales between April 1995 and April 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 June 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.
5 LOWER HYDE ROAD is 125m² according to the EPC inspection conducted in September 2016. This puts it in the largest 40% of detached houses in Shanklin, based on EPC data. The below chart shows the distribution of detached houses by size in Shanklin, and where 5 LOWER HYDE ROAD lies on this distribution: 63% of detached houses are smaller than 5 LOWER HYDE ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Shanklin.
5 LOWER HYDE ROAD sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 5 LOWER HYDE 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 5 LOWER HYDE 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.
5 LOWER HYDE ROAD is located in SHANKLIN, in the PO37 postcode district. The below map shows the position of No. 5 on LOWER HYDE ROAD.