MARINA, BUCKINGHAM CLOSE, RYDE, PO33 2DN - £525,000

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

MARINA is a very large detached house of 277m², built sometime between 1950 and 1966. It was last sold for £525,000 in August 2017, which was around 73% above the average August 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

MARINA Sold Prices

Land registry data shows three sales for MARINA 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. All of the three MARINA 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
2017 23 AUG	£525,000	£303,260	73% above HPI
2013 20 DEC	£525,000	£259,966	102% above HPI
2007 25 MAY	£355,000	£259,555	37% above HPI

MARINA 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 MARINA sales between May 2007 and August 2017 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 December 2013 sale was for 102% above the HPI. So the extrapolation line tracks at 102% above the HPI over time, until the August 2017 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is MARINA?

MARINA is 277m² according to the EPC inspection conducted in May 2012. 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 MARINA lies on this distribution: 98% of detached houses are smaller than MARINA, and 2% of houses are larger. Note that EPC data is not available for all properties in Ryde.

MARINA: Plot and Title Map

MARINA sits on a plot of roughly 0.172 of an acre, or 698m². The below map shows the location of MARINA, 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 MARINA). 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 MARINA?

MARINA is located on BUCKINGHAM CLOSE in RYDE, in the PO33 postcode district. The below map shows the position of MARINA on BUCKINGHAM CLOSE.