SOLENT VIEW, PELL LANE, RYDE, PO33 3LT - £300,000

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.

SOLENT VIEW is a small detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £306,998. It was last sold for £300,000 in November 2024, which was around 25% below the average November 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was D.

SOLENT VIEW Sold Prices

Land registry data shows two sales for SOLENT VIEW 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 SOLENT VIEW sales was for below the average price, whilst the other was 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
2024 29 NOV	£300,000	£397,836	25% below HPI
2004 5 AUG	£241,000	£224,683	7% above HPI

SOLENT VIEW 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 SOLENT VIEW sales from August 2004 and November 2024 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might SOLENT VIEW be worth now?

SOLENT VIEW might now be worth an estimated £306,998.

This is based on house price inflation of 2.3%, between November 2024 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 2.3% inflationary increase is applied to the most recent sale price for SOLENT VIEW of £300,000 on 29th November 2024. For the value to have increased from £300,000 to £306,998 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of SOLENT VIEW has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of SOLENT VIEW has not materially changed since November 2024.

How Large is SOLENT VIEW?

SOLENT VIEW is 91m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% 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 SOLENT VIEW lies on this distribution: 34% of detached houses houses are smaller than SOLENT VIEW, and 66% of houses are larger. Note that EPC data is not available for all properties in Ryde.

SOLENT VIEW: Plot and Title Map

SOLENT VIEW sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of SOLENT VIEW, 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 SOLENT VIEW). 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 SOLENT VIEW?

SOLENT VIEW is located on PELL LANE in RYDE, in the PO33 postcode district. The below map shows the position of SOLENT VIEW on PELL LANE.