THE QUARRY, BINSTEAD ROAD, RYDE, PO33 3NQ - £775,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE QUARRY is a very large extended detached house of 206m², built sometime between 1930 and 1949. It was last sold for £775,000 in March 2024, which was around 90% above the average March 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.

THE QUARRY Sold Prices

Land registry data shows two sales for THE QUARRY 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 THE QUARRY 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
2024 7 MAR	£775,000	£408,060	90% above HPI
2013 1 OCT	£488,000	£255,998	91% above HPI

THE QUARRY 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 THE QUARRY sales from October 2013 and March 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 October 2013 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the March 2024 sale, where it falls to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is THE QUARRY?

THE QUARRY is 206m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 10% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where THE QUARRY lies on this distribution: 93% of detached houses are smaller than THE QUARRY, and 7% of houses are larger. Note that EPC data is not available for all properties in Ryde.

THE QUARRY: Plot and Title Map

THE QUARRY sits on a plot of roughly 1.0 acres, or 4,216m². The below map shows the location of THE QUARRY, 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 THE QUARRY). 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 THE QUARRY?

THE QUARRY is located on BINSTEAD ROAD in RYDE, in the PO33 postcode district. The below map shows the position of THE QUARRY on BINSTEAD ROAD.