VICTORIA COTTAGE, ROSEMARY LANE, RYDE, PO33 2UX - £293,000

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.

VICTORIA COTTAGE is a very small detached house of 64m², which could now be worth an estimated £275,869. It was last sold for £293,000 in November 2022, which was around 32% below the average November 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2020, where the current energy rating was B, and the potential energy rating was A.

VICTORIA COTTAGE Sold Prices

Land registry data shows three sales for VICTORIA COTTAGE 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 VICTORIA COTTAGE sales were for below 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 4 NOV	£293,000	£432,397	32% below HPI
2020 10 AUG	£244,000	£332,679	27% below HPI
2019 5 APR	£90,000	£318,343	72% below HPI

VICTORIA COTTAGE 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 VICTORIA COTTAGE sales between April 2019 and November 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 August 2020 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might VICTORIA COTTAGE be worth now?

VICTORIA COTTAGE might now be worth an estimated £275,869.

This is based on house price deflation of 5.8%, between November 2022 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 5.8% deflationary decrease is applied to the most recent sale price for VICTORIA COTTAGE of £293,000 on 4th November 2022. For the value to have decreased from £293,000 to £275,869 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of VICTORIA COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2022 sale price of £293,000 represented a fair market value for the property.
• The size, condition, and specification of VICTORIA COTTAGE has not materially changed since November 2022.

How Large is VICTORIA COTTAGE?

VICTORIA COTTAGE is 64m² according to the EPC inspection conducted in April 2020. This puts it in the smallest 10% 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 VICTORIA COTTAGE lies on this distribution: 6% of detached houses houses are smaller than VICTORIA COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ryde.

VICTORIA COTTAGE: Plot and Title Map

VICTORIA COTTAGE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of VICTORIA COTTAGE, 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 VICTORIA COTTAGE). 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 VICTORIA COTTAGE?

VICTORIA COTTAGE is located on ROSEMARY LANE in RYDE, in the PO33 postcode district. The below map shows the position of VICTORIA COTTAGE on ROSEMARY LANE.