61, GREAT PRESTON ROAD, RYDE, PO33 1EF - £325,000

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

61 GREAT PRESTON ROAD is a midsized extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £325,000 in September 2021, which was around 13% below the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

61 GREAT PRESTON ROAD Sold Prices

Land registry data shows three sales for 61 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 61 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
2021 27 SEP	£325,000	£372,037	13% below HPI
2017 6 APR	£222,500	£299,614	26% below HPI
2016 18 JAN	£212,500	£288,433	26% below HPI

61 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 61 GREAT PRESTON ROAD sales between January 2016 and September 2021 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 April 2017 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 61 GREAT PRESTON ROAD?

61 GREAT PRESTON ROAD is 105m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where 61 GREAT PRESTON ROAD lies on this distribution: 49% of detached houses are smaller than 61 GREAT PRESTON ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Ryde.

61 GREAT PRESTON ROAD: Plot and Title Map

61 GREAT PRESTON ROAD sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 61 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 61 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 61 GREAT PRESTON ROAD?

61 GREAT PRESTON ROAD is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 61 on GREAT PRESTON ROAD.