PELHAM LODGE, COPSEFIELD DRIVE, RYDE, PO33 3AR - £940,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PELHAM LODGE is a very large extended detached house of 321m², built sometime before 1900, which could now be worth an estimated £1,197,734. It was last sold for £940,000 in August 2019, which was around 194% above the average August 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

PELHAM LODGE Sold Prices

Land registry data shows two sales for PELHAM 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 PELHAM 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
2019 29 AUG	£940,000	£319,511	194% above HPI
2003 24 APR	£375,000	£184,750	103% above HPI

PELHAM 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 PELHAM LODGE sales from April 2003 and August 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 April 2003 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the August 2019 sale, where it rises to 194% above the HPI. The line then continues to track at 194% above the HPI.

What might PELHAM LODGE be worth now?

PELHAM LODGE might now be worth an estimated £1,197,734.

This is based on house price inflation of 27.4%, between August 2019 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.4% inflationary increase is applied to the most recent sale price for PELHAM LODGE of £940,000 on 29th August 2019. For the value to have increased from £940,000 to £1,197,734 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of PELHAM LODGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2019 sale price of £940,000 represented a fair market value for the property.
• The size, condition, and specification of PELHAM LODGE has not materially changed since August 2019.

How Large is PELHAM LODGE?

PELHAM LODGE is 321m², which includes three extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 10% of detached houses houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryde, and where PELHAM LODGE lies on this distribution: 99% of detached houses houses are smaller than PELHAM LODGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Ryde.

PELHAM LODGE: Plot and Title Map

PELHAM LODGE sits on a plot of roughly 0.383 of an acre, or 1,549m². The below map shows the location of PELHAM 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 PELHAM 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 PELHAM LODGE?

PELHAM LODGE is located on COPSEFIELD DRIVE in RYDE, in the PO33 postcode district. The below map shows the position of PELHAM LODGE on COPSEFIELD DRIVE.