WESTWOOD LODGE, WESTWOOD DRIVE, RYDE, PO33 3BH - £186,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

WESTWOOD LODGE is a large extended detached house of 123m², built sometime before 1900. It was last sold for £186,000 in June 2019, which was around 43% below the average June 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

WESTWOOD LODGE Sold Prices

Land registry data shows four sales for WESTWOOD LODGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four WESTWOOD LODGE 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
2019 5 JUN	£186,000	£324,760	43% below HPI
2000 31 MAR	£86,000	£112,759	24% below HPI
1999 10 MAY	£82,500	£97,717	16% below HPI
1997 31 JUL	£57,000	£77,911	27% below HPI

WESTWOOD LODGE 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 four WESTWOOD LODGE sales between July 1997 and June 2019 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 March 2000 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is WESTWOOD LODGE?

WESTWOOD LODGE is 123m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 40% of detached houses in Ryde, based on EPC data. The below chart shows the distribution of detached houses by size in Ryde, and where WESTWOOD LODGE lies on this distribution: 65% of detached houses are smaller than WESTWOOD LODGE, and 35% of houses are larger. Note that EPC data is not available for all properties in Ryde.

WESTWOOD LODGE: Plot and Title Map

WESTWOOD LODGE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of WESTWOOD LODGE, 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 WESTWOOD LODGE). 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 WESTWOOD LODGE?

WESTWOOD LODGE is located on WESTWOOD DRIVE in RYDE, in the PO33 postcode district. The below map shows the position of WESTWOOD LODGE on WESTWOOD DRIVE.