PAX, WEST HILL ROAD, RYDE, PO33 1LW - £400,000

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

PAX is a very large detached house of 164m², built sometime between 1983 and 1990. It was last sold for £400,000 in March 2019, which was around 23% above the average March 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

PAX Sold Prices

Land registry data shows three sales for PAX 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 PAX 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
2019 1 MAR	£400,000	£324,062	23% above HPI
2004 6 AUG	£280,000	£229,466	22% above HPI
1997 30 APR	£90,000	£74,389	21% above HPI

PAX 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 PAX sales between April 1997 and March 2019 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 August 2004 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2019 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is PAX?

PAX is 164m² according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where PAX lies on this distribution: 87% of detached houses are smaller than PAX, and 13% of houses are larger. Note that EPC data is not available for all properties in Ryde.

PAX: Plot and Title Map

PAX sits on a plot of roughly 0.326 of an acre, or 1,318m². The below map shows the location of PAX, 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 PAX). 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 PAX?

PAX is located on WEST HILL ROAD in RYDE, in the PO33 postcode district. The below map shows the position of PAX on WEST HILL ROAD.