LONG ACRE, BINSTEAD ROAD, RYDE, PO33 3RD - £232,500

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.

LONG ACRE is a small extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £316,564. It was last sold for £232,500 in July 2016, which was around 18% below the average July 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

LONG ACRE Sold Prices

Land registry data shows two sales for LONG ACRE 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. One of the two LONG ACRE sales was for below the average price, whilst the other was 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
2016 22 JUL	£232,500	£283,628	18% below HPI
2006 10 JAN	£284,000	£232,420	22% above HPI

LONG ACRE 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 LONG ACRE sales from January 2006 and July 2016 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 2006 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might LONG ACRE be worth now?

LONG ACRE might now be worth an estimated £316,564.

This is based on house price inflation of 36.2%, between July 2016 and June 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 36.2% inflationary increase is applied to the most recent sale price for LONG ACRE of £232,500 on 22nd July 2016. For the value to have increased from £232,500 to £316,564 over the nine years and one month to June 2025, the following assumptions must hold true:

• The value of LONG ACRE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2016 sale price of £232,500 represented a fair market value for the property.
• The size, condition, and specification of LONG ACRE has not materially changed since July 2016.

How Large is LONG ACRE?

LONG ACRE is 94m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% 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 LONG ACRE lies on this distribution: 37% of detached houses houses are smaller than LONG ACRE, and 63% of houses are larger. Note that EPC data is not available for all properties in Ryde.

LONG ACRE: Plot and Title Map

LONG ACRE sits on a plot of roughly 0.171 of an acre, or 693m². The below map shows the location of LONG ACRE, 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 LONG ACRE). 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 LONG ACRE?

LONG ACRE is located on BINSTEAD ROAD in RYDE, in the PO33 postcode district. The below map shows the position of LONG ACRE on BINSTEAD ROAD.