VARNA, EAST HILL ROAD, RYDE, PO33 1LL - £395,000

VARNA is a midsized detached house of 110m², built sometime between 1950 and 1966. It was last sold for £395,000 in September 2021, which was around 6% above the average September 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

VARNA Sold Prices

Land registry data shows three sales for VARNA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three VARNA 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 28 SEP	£395,000	£372,037	6% above HPI
2000 15 DEC	£142,500	£131,743	8% above HPI
1995 3 MAR	£87,000	£68,969	26% above HPI

VARNA 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 three VARNA sales between March 1995 and September 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 December 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is VARNA?

VARNA is 110m² according to the EPC inspection conducted in May 2021. This puts it in the largest 50% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where VARNA lies on this distribution: 54% of detached houses are smaller than VARNA, and 45% of houses are larger. Note that EPC data is not available for all properties in Ryde.

VARNA: Plot and Title Map

VARNA sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of VARNA, 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 VARNA). 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 VARNA?

VARNA is located on EAST HILL ROAD in RYDE, in the PO33 postcode district. The below map shows the position of VARNA on EAST HILL ROAD.