LONG ACRE, BINSTEAD ROAD, RYDE, PO33 3RD - £232,500

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

LONG ACRE is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £232,500 in July 2016, which was around 20% below the average July 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

LONG ACRE Sold Prices

Land registry data shows two sales for LONG ACRE 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. One of the two LONG ACRE sales was for below the average price, whilst the other was 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
2016 22 JUL	£232,500	£289,666	20% below HPI
2006 10 JAN	£284,000	£237,368	20% above HPI

LONG ACRE 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 LONG ACRE sales from January 2006 and July 2016 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 January 2006 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the July 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is LONG ACRE?

LONG ACRE is 94m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where LONG ACRE lies on this distribution: 37% of detached houses are smaller than LONG ACRE, and 62% of houses are larger. Note that EPC data is not available for all properties in Ryde.

LONG ACRE: Plot and Title Map

LONG ACRE sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of LONG ACRE, 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 LONG ACRE). 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 LONG ACRE?

LONG ACRE is located on BINSTEAD ROAD in RYDE, in the PO33 postcode district. The below map shows the position of LONG ACRE on BINSTEAD ROAD.