12, ASPEN GARDENS, RYDE, PO33 1RE - £315,000

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.

12 ASPEN GARDENS is a very large detached house of 206m², built sometime between 2003 and 2006, which could now be worth an estimated £475,716. It was last sold for £315,000 in July 2012, which was around 25% above the average July 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

12 ASPEN GARDENS Sold Prices

Land registry data shows two sales for 12 ASPEN GARDENS 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 12 ASPEN GARDENS 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
2012 11 JUL	£315,000	£252,734	25% above HPI
2005 11 APR	£369,000	£232,018	59% above HPI

12 ASPEN GARDENS 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 12 ASPEN GARDENS sales from April 2005 and July 2012 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 April 2005 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the July 2012 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 12 ASPEN GARDENS be worth now?

12 ASPEN GARDENS might now be worth an estimated £475,716.

This is based on house price inflation of 51%, between July 2012 and March 2026, 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 51% inflationary increase is applied to the most recent sale price for 12 ASPEN GARDENS of £315,000 on 11th July 2012. For the value to have increased from £315,000 to £475,716 over the fourteen years and four months to March 2026, the following assumptions must hold true:

• The value of 12 ASPEN GARDENS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2012 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ASPEN GARDENS has not materially changed since July 2012.

How Large is 12 ASPEN GARDENS?

12 ASPEN GARDENS is 206m² according to the EPC inspection conducted in February 2011. This puts it in the largest 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 12 ASPEN GARDENS lies on this distribution: 93% of detached houses houses are smaller than 12 ASPEN GARDENS, and 7% of houses are larger. Note that EPC data is not available for all properties in Ryde.

12 ASPEN GARDENS: Plot and Title Map

12 ASPEN GARDENS sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 12 ASPEN GARDENS, 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 12 ASPEN GARDENS). 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 12 ASPEN GARDENS?

12 ASPEN GARDENS is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 12 on ASPEN GARDENS.