5, WELL STREET, RYDE, PO33 2SQ - £190,000

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 WELL STREET is a large semi-detached house of 130m², built sometime between 1900 and 1929. It was last sold for £190,000 in January 2014, which was around 27% below the average January 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

5 WELL STREET Sold Prices

Land registry data shows three sales for 5 WELL STREET 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 5 WELL STREET 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
2014 21 JAN	£190,000	£260,353	27% below HPI
2009 16 DEC	£157,500	£249,306	37% below HPI
2004 16 JAN	£126,000	£209,766	40% below HPI

5 WELL STREET 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 5 WELL STREET sales between January 2004 and January 2014 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 2009 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2014 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 5 WELL STREET?

5 WELL STREET is 130m² according to the EPC inspection conducted in August 2020. This puts it in the largest 30% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 5 WELL STREET lies on this distribution: 70% of detached houses are smaller than 5 WELL STREET, and 29% of houses are larger. Note that EPC data is not available for all properties in Ryde.

5 WELL STREET: Plot and Title Map

5 WELL STREET sits on a plot of roughly 0.214 of an acre, or 865m². The below map shows the location of 5 WELL STREET, 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 WELL STREET). 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 5 WELL STREET?

5 WELL STREET is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 5 on WELL STREET.