BRIDGEWAY, NEW ROAD, WOOTTON BRIDGE, RYDE, PO33 4HX - £405,000

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

BRIDGEWAY is a large extended detached house of 124m², built sometime between 1983 and 1990. It was last sold for £405,000 in August 2024, which was around 3% above the average August 2024 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 B.

BRIDGEWAY Sold Prices

Land registry data shows four sales for BRIDGEWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four BRIDGEWAY 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 6 AUG	£405,000	£394,293	3% above HPI
2000 21 SEP	£175,000	£126,104	39% above HPI
1999 28 JUN	£130,000	£96,072	35% above HPI
1996 24 SEP	£95,000	£71,831	32% above HPI

BRIDGEWAY 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 four BRIDGEWAY sales between September 1996 and August 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 September 2000 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2024 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is BRIDGEWAY?

BRIDGEWAY is 124m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the largest 40% of detached houses in Wootton, based on EPC data. The below chart shows the distribution of detached houses by size in Wootton, and where BRIDGEWAY lies on this distribution: 69% of detached houses are smaller than BRIDGEWAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Wootton.

BRIDGEWAY: Plot and Title Map

BRIDGEWAY sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of BRIDGEWAY, 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 BRIDGEWAY). 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 BRIDGEWAY?

BRIDGEWAY is located on NEW ROAD in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of BRIDGEWAY on NEW ROAD.