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

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

VICTORIA COTTAGE is a very small detached house of 64m². It was last sold for £293,000 in November 2022, which was around 34% 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	£441,602	34% below HPI
2020 10 AUG	£244,000	£339,761	28% below HPI
2019 5 APR	£90,000	£325,120	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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

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 in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where VICTORIA COTTAGE lies on this distribution: 6% of detached 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.