MONTPELLIER HOUSE, PLAYSTREET LANE, RYDE, PO33 3LJ - £1,100,000

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

MONTPELLIER HOUSE is a very large detached house of 259m², built in 2022. It was last sold for £1,100,000 in February 2023, which was around 155% above the average February 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2023, where the current energy rating was A, and the potential energy rating was A.

MONTPELLIER HOUSE Sold Prices

Land registry data shows two sales for MONTPELLIER HOUSE 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 MONTPELLIER HOUSE sales was for above the average price, whilst the other was for below 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 10 FEB	£1,100,000	£431,728	155% above HPI
2022 7 SEP	£400,000	£426,553	6% below HPI

MONTPELLIER HOUSE 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 MONTPELLIER HOUSE sales from September 2022 and February 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 September 2022 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2023 sale, where it rises to 155% above the HPI. The line then continues to track at 155% above the HPI.

How Large is MONTPELLIER HOUSE?

MONTPELLIER HOUSE is 259m² according to the EPC inspection conducted in January 2023. 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 MONTPELLIER HOUSE lies on this distribution: 97% of detached houses are smaller than MONTPELLIER HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Ryde.

MONTPELLIER HOUSE: Plot and Title Map

MONTPELLIER HOUSE sits on a plot of roughly 0.243 of an acre, or 982m². The below map shows the location of MONTPELLIER HOUSE, 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 MONTPELLIER HOUSE). 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 MONTPELLIER HOUSE?

MONTPELLIER HOUSE is located on PLAYSTREET LANE in RYDE, in the PO33 postcode district. The below map shows the position of MONTPELLIER HOUSE on PLAYSTREET LANE.