CROSSWAYS, CHURCH ROAD, BINSTEAD, RYDE, PO33 3TA - £735,000

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

CROSSWAYS is a very large extended detached house of 338m², built sometime before 1900. It was last sold for £735,000 in September 2014, which was around 176% above the average September 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

CROSSWAYS Sold Prices

Land registry data shows two sales for CROSSWAYS 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 CROSSWAYS 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
2014 5 SEP	£735,000	£265,971	176% above HPI
2012 29 MAR	£750,000	£246,156	205% above HPI

CROSSWAYS 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 CROSSWAYS sales from March 2012 and September 2014 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 March 2012 sale was for 205% above the HPI. So the extrapolation line tracks at 205% above the HPI over time, until the September 2014 sale, where it falls to 176% above the HPI. The line then continues to track at 176% above the HPI.

How Large is CROSSWAYS?

CROSSWAYS is 338m², which includes three extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 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 CROSSWAYS lies on this distribution: 99% of detached houses are smaller than CROSSWAYS, and 1% of houses are larger. Note that EPC data is not available for all properties in Ryde.

CROSSWAYS: Plot and Title Map

CROSSWAYS sits on a plot of roughly 0.490 of an acre, or 1,982m². The below map shows the location of CROSSWAYS, 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 CROSSWAYS). 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 CROSSWAYS?

CROSSWAYS is located on CHURCH ROAD in BINSTEAD, in the PO33 postcode district. The below map shows the position of CROSSWAYS on CHURCH ROAD.