HIGHWOOD, BINSTEAD HILL, RYDE, PO33 3RP - £215,000

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.

HIGHWOOD is a small extended terraced house of 92m², built sometime before 1900, which could now be worth an estimated £265,204. It was last sold for £215,000 in June 2020, which was around 24% above the average June 2020 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

HIGHWOOD Sold Prices

Land registry data shows five sales for HIGHWOOD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. All of the five HIGHWOOD 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
2020 10 JUN	£215,000	£173,369	24% above HPI
2013 23 OCT	£160,000	£135,896	18% above HPI
2003 21 AUG	£115,500	£98,536	17% above HPI
2002 25 FEB	£87,000	£69,548	25% above HPI
1995 21 JUL	£46,000	£34,216	34% above HPI

HIGHWOOD 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 five HIGHWOOD sales between July 1995 and June 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 October 2013 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2020 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might HIGHWOOD be worth now?

HIGHWOOD might now be worth an estimated £265,204.

This is based on house price inflation of 23.4%, between June 2020 and August 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 23.4% inflationary increase is applied to the most recent sale price for HIGHWOOD of £215,000 on 10th June 2020. For the value to have increased from £215,000 to £265,204 over the four years and ten months to August 2025, the following assumptions must hold true:

• The value of HIGHWOOD has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The June 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHWOOD has not materially changed since June 2020.

How Large is HIGHWOOD?

HIGHWOOD is 92m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 HIGHWOOD lies on this distribution: 34% of terraced houses houses are smaller than HIGHWOOD, and 65% of houses are larger. Note that EPC data is not available for all properties in Ryde.

HIGHWOOD: Plot and Title Map

HIGHWOOD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of HIGHWOOD, 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 HIGHWOOD). 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 HIGHWOOD?

HIGHWOOD is located on BINSTEAD HILL in RYDE, in the PO33 postcode district. The below map shows the position of HIGHWOOD on BINSTEAD HILL.