GREENACRE, WEST HILL ROAD, RYDE, PO33 1LW - £425,000

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

GREENACRE is a very large detached house of 166m², built sometime between 1967 and 1975. It was last sold for £425,000 in February 2022, which was around 5% above the average February 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was B.

GREENACRE Sold Prices

Land registry data shows two sales for GREENACRE 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 GREENACRE 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
2022 18 FEB	£425,000	£406,159	5% above HPI
2002 2 AUG	£238,950	£169,911	41% above HPI

GREENACRE 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 GREENACRE sales from August 2002 and February 2022 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 August 2002 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the February 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is GREENACRE?

GREENACRE is 166m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where GREENACRE lies on this distribution: 87% of detached houses are smaller than GREENACRE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ryde.

GREENACRE: Plot and Title Map

GREENACRE sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of GREENACRE, 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 GREENACRE). 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 GREENACRE?

GREENACRE is located on WEST HILL ROAD in RYDE, in the PO33 postcode district. The below map shows the position of GREENACRE on WEST HILL ROAD.