1, LAMMAS CLOSE, COWES, PO31 8DT - £550,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LAMMAS CLOSE is a midsized detached house of 116m², built sometime between 1967 and 1975. It was last sold for £550,000 in January 2023, which was around 26% above the average January 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was C.

1 LAMMAS CLOSE Sold Prices

Land registry data shows three sales for 1 LAMMAS CLOSE 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. All of the three 1 LAMMAS CLOSE 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
2023 4 JAN	£550,000	£437,223	26% above HPI
2014 2 DEC	£370,000	£269,910	37% above HPI
2001 16 JAN	£195,000	£134,031	45% above HPI

1 LAMMAS CLOSE 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 1 LAMMAS CLOSE sales between January 2001 and January 2023 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 December 2014 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the January 2023 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 1 LAMMAS CLOSE?

1 LAMMAS CLOSE is 116m² according to the EPC inspection conducted in April 2014. This puts it in the largest 50% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 1 LAMMAS CLOSE lies on this distribution: 55% of detached houses are smaller than 1 LAMMAS CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Cowes.

1 LAMMAS CLOSE: Plot and Title Map

1 LAMMAS CLOSE sits on a plot of roughly 0.134 of an acre, or 540m². The below map shows the location of 1 LAMMAS CLOSE, 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 1 LAMMAS CLOSE). 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 1 LAMMAS CLOSE?

1 LAMMAS CLOSE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 1 on LAMMAS CLOSE.