MIDDLE REACH, ASHLAKE FARM LANE, WOOTTON BRIDGE, RYDE, PO33 4LF - £600,000

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

MIDDLE REACH is a large extended detached house of 208m², built sometime between 1930 and 1949. It was last sold for £600,000 in November 2020, which was around 66% above the average November 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

MIDDLE REACH Sold Prices

Land registry data shows two sales for MIDDLE REACH 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 MIDDLE REACH 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
2020 20 NOV	£600,000	£361,414	66% above HPI
2007 15 NOV	£430,000	£276,229	56% above HPI

MIDDLE REACH 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 MIDDLE REACH sales from November 2007 and November 2020 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 2007 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the November 2020 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is MIDDLE REACH?

MIDDLE REACH is 208m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Fishbourne, and where MIDDLE REACH lies on this distribution: 76% of detached houses are smaller than MIDDLE REACH, and 23% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

MIDDLE REACH: Plot and Title Map

MIDDLE REACH sits on a plot of roughly 0.292 of an acre, or 1,181m². The below map shows the location of MIDDLE REACH, 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 MIDDLE REACH). 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 MIDDLE REACH?

MIDDLE REACH is located on ASHLAKE FARM LANE in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of MIDDLE REACH on ASHLAKE FARM LANE.