61, SPENCER ROAD, RYDE, PO33 3AF - £395,000

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

61 SPENCER ROAD is a large extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £395,000 in August 2007, which was around 50% above the average August 2007 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was C.

61 SPENCER ROAD Sold Prices

Land registry data shows three sales for 61 SPENCER 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 SPENCER 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
2007 15 AUG	£395,000	£263,269	50% above HPI
2006 13 APR	£249,500	£238,655	5% above HPI
1999 6 AUG	£128,950	£99,752	29% above HPI

61 SPENCER 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 SPENCER ROAD sales between August 1999 and August 2007 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 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the August 2007 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 61 SPENCER ROAD?

61 SPENCER ROAD is 120m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 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 61 SPENCER ROAD lies on this distribution: 62% of detached houses are smaller than 61 SPENCER ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Ryde.

61 SPENCER ROAD: Plot and Title Map

61 SPENCER ROAD sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of 61 SPENCER 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 SPENCER 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 SPENCER ROAD?

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