THE FARTHINGS, GROVE ROAD, RYDE, PO33 3LH - £240,000

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.

THE FARTHINGS is a large extended detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £387,171. It was last sold for £240,000 in November 2012, which was around 1% below the average November 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

THE FARTHINGS Sold Prices

Land registry data shows three sales for THE FARTHINGS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The three THE FARTHINGS sales were a mix of below the average price, roughly equal to the average price, and 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
2012 23 NOV	£240,000	£243,629	1% below HPI
2009 10 AUG	£230,000	£230,629	Close to HPI
2002 16 DEC	£199,000	£180,521	10% above HPI

THE FARTHINGS 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 three THE FARTHINGS sales between December 2002 and November 2012 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 August 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2012 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might THE FARTHINGS be worth now?

THE FARTHINGS might now be worth an estimated £387,171.

This is based on house price inflation of 61.3%, between November 2012 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 61.3% inflationary increase is applied to the most recent sale price for THE FARTHINGS of £240,000 on 23rd November 2012. For the value to have increased from £240,000 to £387,171 over the thirteen years and three months to August 2025, the following assumptions must hold true:

• The value of THE FARTHINGS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2012 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of THE FARTHINGS has not materially changed since November 2012.

How Large is THE FARTHINGS?

THE FARTHINGS is 119m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the largest 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 THE FARTHINGS lies on this distribution: 61% of detached houses houses are smaller than THE FARTHINGS, and 39% of houses are larger. Note that EPC data is not available for all properties in Ryde.

THE FARTHINGS: Plot and Title Map

THE FARTHINGS sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of THE FARTHINGS, 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 THE FARTHINGS). 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 THE FARTHINGS?

THE FARTHINGS is located on GROVE ROAD in RYDE, in the PO33 postcode district. The below map shows the position of THE FARTHINGS on GROVE ROAD.