28, MELVILLE STREET, RYDE, PO33 2AN - £770,000

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.

28 MELVILLE STREET is a very large extended detached house of 171m², built sometime before 1900, which could now be worth an estimated £727,814. It was last sold for £770,000 in July 2022, which was around 85% above the average July 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.

28 MELVILLE STREET Sold Prices

Land registry data shows four sales for 28 MELVILLE STREET 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 28 MELVILLE STREET 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
2022 22 JUL	£770,000	£415,806	85% above HPI
2011 18 NOV	£415,000	£246,733	68% above HPI
2001 21 SEP	£197,000	£140,418	40% above HPI
1998 18 JUN	£130,000	£85,254	52% above HPI

28 MELVILLE STREET 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 28 MELVILLE STREET sales between June 1998 and July 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 November 2011 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the July 2022 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 28 MELVILLE STREET be worth now?

28 MELVILLE STREET might now be worth an estimated £727,814.

This is based on house price deflation of 5.5%, between July 2022 and August 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 5.5% deflationary decrease is applied to the most recent sale price for 28 MELVILLE STREET of £770,000 on 22nd July 2022. For the value to have decreased from £770,000 to £727,814 over the two years and eleven months to August 2025, the following assumptions must hold true:

• The value of 28 MELVILLE STREET has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2022 sale price of £770,000 represented a fair market value for the property.
• The size, condition, and specification of 28 MELVILLE STREET has not materially changed since July 2022.

How Large is 28 MELVILLE STREET?

28 MELVILLE STREET is 171m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the largest 20% 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 28 MELVILLE STREET lies on this distribution: 89% of detached houses houses are smaller than 28 MELVILLE STREET, and 11% of houses are larger. Note that EPC data is not available for all properties in Ryde.

28 MELVILLE STREET: Plot and Title Map

28 MELVILLE STREET sits on a plot of roughly 0.223 of an acre, or 902m². The below map shows the location of 28 MELVILLE STREET, 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 28 MELVILLE STREET). 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 28 MELVILLE STREET?

28 MELVILLE STREET is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 28 on MELVILLE STREET.