7, WOOD STREET, RYDE, PO33 2DH - £455,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 WOOD STREET is a very large extended detached house of 185m², built sometime between 1900 and 1929, which could now be worth an estimated £450,228. It was last sold for £455,000 in January 2024, which was around 11% above the average January 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

7 WOOD STREET Sold Prices

Land registry data shows three sales for 7 WOOD 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 7 WOOD STREET 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
2024 12 JAN	£455,000	£411,431	11% above HPI
1999 1 JUL	£114,000	£96,011	19% above HPI
1997 14 NOV	£106,000	£82,034	29% above HPI

7 WOOD 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 7 WOOD STREET sales between November 1997 and January 2024 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 July 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 7 WOOD STREET be worth now?

7 WOOD STREET might now be worth an estimated £450,228.

This is based on house price deflation of 1%, between January 2024 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% deflationary decrease is applied to the most recent sale price for 7 WOOD STREET of £455,000 on 12th January 2024. For the value to have decreased from £455,000 to £450,228 over the eleven months to February 2025, the following assumptions must hold true:

• The value of 7 WOOD STREET has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2024 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WOOD STREET has not materially changed since January 2024.

How Large is 7 WOOD STREET?

7 WOOD STREET is 185m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the largest 10% of detached houses houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryde, and where 7 WOOD STREET lies on this distribution: 91% of detached houses houses are smaller than 7 WOOD STREET, and 9% of houses are larger. Note that EPC data is not available for all properties in Ryde.

7 WOOD STREET: Plot and Title Map

7 WOOD STREET sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 7 WOOD 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 7 WOOD 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 7 WOOD STREET?

7 WOOD STREET is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 7 on WOOD STREET.