MARINE LODGE, APPLEY RISE, RYDE, PO33 1LE - £523,500

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

MARINE LODGE is a large detached house of 134m², built sometime between 2003 and 2006. It was last sold for £523,500 in March 2023, which was around 23% above the average March 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was B.

MARINE LODGE Sold Prices

Land registry data shows two sales for MARINE LODGE 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 MARINE LODGE 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
2023 13 MAR	£523,500	£424,882	23% above HPI
2004 31 MAR	£275,000	£210,671	31% above HPI

MARINE LODGE 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 MARINE LODGE sales from March 2004 and March 2023 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 March 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2023 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is MARINE LODGE?

MARINE LODGE is 134m² according to the EPC inspection conducted in December 2020. This puts it in the largest 30% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where MARINE LODGE lies on this distribution: 73% of detached houses are smaller than MARINE LODGE, and 26% of houses are larger. Note that EPC data is not available for all properties in Ryde.

MARINE LODGE: Plot and Title Map

MARINE LODGE sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of MARINE LODGE, 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 MARINE LODGE). 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 MARINE LODGE?

MARINE LODGE is located on APPLEY RISE in RYDE, in the PO33 postcode district. The below map shows the position of MARINE LODGE on APPLEY RISE.