BENHAM LODGE, MARLBOROUGH ROAD, RYDE, PO33 1AA - £150,000

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

BENHAM LODGE is a very small extended detached house of 48m², built sometime before 1900. It was last sold for £150,000 in May 2016, which was around 48% below the average May 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

BENHAM LODGE Sold Prices

Land registry data shows two sales for BENHAM LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two BENHAM LODGE 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
2016 20 MAY	£150,000	£288,538	48% below HPI
2002 10 APR	£87,000	£153,434	43% below HPI

BENHAM LODGE 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 two BENHAM LODGE sales from April 2002 and May 2016 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 2002 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the May 2016 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is BENHAM LODGE?

BENHAM LODGE is 48m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where BENHAM LODGE lies on this distribution: 1% of detached houses are smaller than BENHAM LODGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ryde.

BENHAM LODGE: Plot and Title Map

BENHAM LODGE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of BENHAM LODGE, 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 BENHAM LODGE). 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 BENHAM LODGE?

BENHAM LODGE is located on MARLBOROUGH ROAD in RYDE, in the PO33 postcode district. The below map shows the position of BENHAM LODGE on MARLBOROUGH ROAD.