FLAT 5, ELM COURT, GREAT PRESTON ROAD, RYDE, PO33 1DR - £102,000

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

FLAT 5 ELM COURT is a very small detached house of 13m², built sometime between 1976 and 1982. It was last sold for £102,000 in September 2006, which was around 59% below the average September 2006 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

FLAT 5 ELM COURT Sold Prices

Land registry data shows two sales for FLAT 5 ELM COURT 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 FLAT 5 ELM COURT 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
2006 11 SEP	£102,000	£250,916	59% below HPI
1999 16 APR	£29,450	£96,363	69% below HPI

FLAT 5 ELM COURT 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 FLAT 5 ELM COURT sales from April 1999 and September 2006 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 1999 sale was for 69% below the HPI. So the extrapolation line tracks at 69% below the HPI over time, until the September 2006 sale, where it rises to 59% below the HPI. The line then continues to track at 59% below the HPI.

How Large is FLAT 5 ELM COURT?

FLAT 5 ELM COURT is 13m² according to the EPC inspection conducted in May 2016. 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 FLAT 5 ELM COURT lies on this distribution: Less than 1% of detached houses are smaller than FLAT 5 ELM COURT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ryde.

FLAT 5 ELM COURT: Plot and Title Map

FLAT 5 ELM COURT sits on a plot of roughly 0.512 of an acre, or 2,070m². The below map shows the location of FLAT 5 ELM COURT, 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 FLAT 5 ELM COURT). 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 FLAT 5 ELM COURT?

FLAT 5, ELM COURT is located on GREAT PRESTON ROAD in RYDE, in the PO33 postcode district. The below map shows the position of FLAT 5, ELM COURT on GREAT PRESTON ROAD.