2A, WOOD STREET, RYDE, PO33 2BS - £255,000

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.

2A WOOD STREET is a very small detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £283,207. It was last sold for £255,000 in November 2020, which was around 28% below the average November 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

2A WOOD STREET Sold Prices

Land registry data shows two sales for 2A WOOD STREET 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 2A WOOD STREET 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
2020 17 NOV	£255,000	£353,880	28% below HPI
2004 2 FEB	£149,000	£204,005	27% below HPI

2A WOOD 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 two 2A WOOD STREET sales from February 2004 and November 2020 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 February 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 2A WOOD STREET be worth now?

2A WOOD STREET might now be worth an estimated £283,207.

This is based on house price inflation of 11.1%, between November 2020 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 11.1% inflationary increase is applied to the most recent sale price for 2A WOOD STREET of £255,000 on 17th November 2020. For the value to have increased from £255,000 to £283,207 over the five years and three months to August 2025, the following assumptions must hold true:

• The value of 2A WOOD STREET has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 2A WOOD STREET has not materially changed since November 2020.

How Large is 2A WOOD STREET?

2A WOOD STREET is 75m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 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 2A WOOD STREET lies on this distribution: 18% of detached houses houses are smaller than 2A WOOD STREET, and 81% of houses are larger. Note that EPC data is not available for all properties in Ryde.

2A WOOD STREET: Plot and Title Map

2A WOOD STREET sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 2A WOOD 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 2A WOOD 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 2A WOOD STREET?

2A WOOD STREET is located in RYDE, in the PO33 postcode district. The below map shows the position of No. 2A on WOOD STREET.