GRANTA, BINSTEAD HILL, RYDE, PO33 3RW - £530,000

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

GRANTA is a very large extended detached house of 216m², built sometime between 1900 and 1929. It was last sold for £530,000 in October 2021, which was around 38% above the average October 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

GRANTA Sold Prices

Land registry data shows three sales for GRANTA 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. Two of the three GRANTA sales were for above the average price, whilst one was 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
2021 22 OCT	£530,000	£384,208	38% above HPI
2014 3 NOV	£360,000	£270,781	33% above HPI
2008 6 JUN	£260,000	£267,714	3% below HPI

GRANTA 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 GRANTA sales between June 2008 and October 2021 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 November 2014 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2021 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is GRANTA?

GRANTA is 216m², which includes two extensions, according to the EPC inspection conducted in August 2014. 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 GRANTA lies on this distribution: 94% of detached houses are smaller than GRANTA, and 6% of houses are larger. Note that EPC data is not available for all properties in Ryde.

GRANTA: Plot and Title Map

GRANTA sits on a plot of roughly 0.296 of an acre, or 1,198m². The below map shows the location of GRANTA, 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 GRANTA). 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 GRANTA?

GRANTA is located on BINSTEAD HILL in RYDE, in the PO33 postcode district. The below map shows the position of GRANTA on BINSTEAD HILL.