SOUTH DEEP, QUARR LANE, RYDE, PO33 4ET - £540,000

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

SOUTH DEEP is a very small detached house of 106m², built sometime between 1976 and 1982. It was last sold for £540,000 in October 2021, which was around 41% above the average October 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

SOUTH DEEP Sold Prices

Land registry data shows two sales for SOUTH DEEP 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 SOUTH DEEP 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 4 OCT	£540,000	£384,208	41% above HPI
2012 2 OCT	£333,000	£253,026	32% above HPI

SOUTH DEEP 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 SOUTH DEEP sales from October 2012 and October 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 October 2012 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2021 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is SOUTH DEEP?

SOUTH DEEP is 106m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses in Fishbourne, based on EPC data. The below chart shows the distribution of detached houses by size in Fishbourne, and where SOUTH DEEP lies on this distribution: 10% of detached houses are smaller than SOUTH DEEP, and 90% of houses are larger. Note that EPC data is not available for all properties in Fishbourne.

SOUTH DEEP: Plot and Title Map

SOUTH DEEP sits on a plot of roughly 0.216 of an acre, or 872m². The below map shows the location of SOUTH DEEP, 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 SOUTH DEEP). 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 SOUTH DEEP?

SOUTH DEEP is located on QUARR LANE in RYDE, in the PO33 postcode district. The below map shows the position of SOUTH DEEP on QUARR LANE.