PEPPERMILL, WYKEHAM CLOSE, RYDE, PO33 3ST - £470,000

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

PEPPERMILL is a large extended detached house of 142m², built sometime between 1976 and 1982. It was last sold for £470,000 in March 2021, which was around 29% above the average March 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

PEPPERMILL Sold Prices

Land registry data shows two sales for PEPPERMILL 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 PEPPERMILL 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
2021 24 MAR	£470,000	£364,254	29% above HPI
2000 30 MAY	£187,500	£116,227	61% above HPI

PEPPERMILL 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 PEPPERMILL sales from May 2000 and March 2021 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 May 2000 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the March 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is PEPPERMILL?

PEPPERMILL is 142m², which includes one extension, according to the EPC inspection conducted in August 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 PEPPERMILL lies on this distribution: 79% of detached houses are smaller than PEPPERMILL, and 21% of houses are larger. Note that EPC data is not available for all properties in Ryde.

PEPPERMILL: Plot and Title Map

PEPPERMILL sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of PEPPERMILL, 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 PEPPERMILL). 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 PEPPERMILL?

PEPPERMILL is located on WYKEHAM CLOSE in RYDE, in the PO33 postcode district. The below map shows the position of PEPPERMILL on WYKEHAM CLOSE.