2, HORNBEAM SQUARE, RYDE, PO33 1RF - £280,000

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.

2 HORNBEAM SQUARE is a large extended terraced house of 128m², built sometime between 2003 and 2006, which could now be worth an estimated £297,951. It was last sold for £280,000 in September 2021, which was around 43% above the average September 2021 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

2 HORNBEAM SQUARE Sold Prices

Land registry data shows four sales for 2 HORNBEAM SQUARE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. All of the four 2 HORNBEAM SQUARE 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
2021 10 SEP	£280,000	£195,626	43% above HPI
2010 29 JAN	£200,000	£136,518	47% above HPI
2006 15 SEP	£222,000	£137,248	62% above HPI
2005 20 MAY	£207,500	£124,380	67% above HPI

2 HORNBEAM SQUARE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 2 HORNBEAM SQUARE sales between May 2005 and September 2021 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 January 2010 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the September 2021 sale, where it falls to 43% above the HPI. The line then continues to track at 43% above the HPI.

What might 2 HORNBEAM SQUARE be worth now?

2 HORNBEAM SQUARE might now be worth an estimated £297,951.

This is based on house price inflation of 6.4%, between September 2021 and June 2025, for terraced 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 6.4% inflationary increase is applied to the most recent sale price for 2 HORNBEAM SQUARE of £280,000 on 10th September 2021. For the value to have increased from £280,000 to £297,951 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 2 HORNBEAM SQUARE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The September 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HORNBEAM SQUARE has not materially changed since September 2021.

How Large is 2 HORNBEAM SQUARE?

2 HORNBEAM SQUARE is 128m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 40% of terraced houses houses in Ryde, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ryde, and where 2 HORNBEAM SQUARE lies on this distribution: 68% of terraced houses houses are smaller than 2 HORNBEAM SQUARE, and 31% of houses are larger. Note that EPC data is not available for all properties in Ryde.

2 HORNBEAM SQUARE: Plot and Title Map

2 HORNBEAM SQUARE sits on a plot of roughly 0.029 of an acre, or 117m². The below map shows the location of 2 HORNBEAM SQUARE, 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 2 HORNBEAM SQUARE). 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 2 HORNBEAM SQUARE?

2 HORNBEAM SQUARE is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 2 on HORNBEAM SQUARE.