VERSANT, MAIN ROAD, HAVENSTREET, RYDE, PO33 4DR - £475,000

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

VERSANT is a small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £475,000 in June 2022, which was around 12% above the average June 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

VERSANT Sold Prices

Land registry data shows two sales for VERSANT 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 VERSANT 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
2022 28 JUN	£475,000	£423,043	12% above HPI
2004 29 SEP	£240,000	£229,384	5% above HPI

VERSANT 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 VERSANT sales from September 2004 and June 2022 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 September 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2022 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is VERSANT?

VERSANT is 91m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 30% of detached houses in Havenstreet, based on EPC data. The below chart shows the distribution of detached houses by size in Havenstreet, and where VERSANT lies on this distribution: 26% of detached houses are smaller than VERSANT, and 72% of houses are larger. Note that EPC data is not available for all properties in Havenstreet.

VERSANT: Plot and Title Map

VERSANT sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of VERSANT, 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 VERSANT). 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 VERSANT?

VERSANT is located on MAIN ROAD in HAVENSTREET, in the PO33 postcode district. The below map shows the position of VERSANT on MAIN ROAD.