3, RIVERDENE, RED ROAD, WOOTTON BRIDGE, RYDE, PO33 4PQ - £169,000

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.

3 RIVERDENE is a very small terraced house of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £267,237. It was last sold for £169,000 in September 2011, which was around 28% above the average September 2011 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

3 RIVERDENE Sold Prices

Land registry data shows three sales for 3 RIVERDENE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. All of the three 3 RIVERDENE 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
2011 30 SEP	£169,000	£131,645	28% above HPI
2009 30 APR	£155,000	£126,090	23% above HPI
2007 2 JAN	£165,950	£141,994	17% above HPI

3 RIVERDENE 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 three 3 RIVERDENE sales between January 2007 and September 2011 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 2009 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2011 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 3 RIVERDENE be worth now?

3 RIVERDENE might now be worth an estimated £267,237.

This is based on house price inflation of 58.1%, between September 2011 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 58.1% inflationary increase is applied to the most recent sale price for 3 RIVERDENE of £169,000 on 30th September 2011. For the value to have increased from £169,000 to £267,237 over the fourteen years and three months to June 2025, the following assumptions must hold true:

• The value of 3 RIVERDENE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The September 2011 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 3 RIVERDENE has not materially changed since September 2011.

How Large is 3 RIVERDENE?

3 RIVERDENE is 58m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of terraced houses houses in Wootton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Wootton, and where 3 RIVERDENE lies on this distribution: 2% of terraced houses houses are smaller than 3 RIVERDENE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wootton.

3 RIVERDENE: Plot and Title Map

3 RIVERDENE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 3 RIVERDENE, 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 3 RIVERDENE). 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 3 RIVERDENE?

3 RIVERDENE is located on RED ROAD in WOOTTON BRIDGE, in the PO33 postcode district. The below map shows the position of 3 RIVERDENE on RED ROAD.