1, MAGDALEN CRESCENT, COWES, PO31 8EP - £345,000

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 MAGDALEN CRESCENT is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £345,000 in September 2022, which was around 19% below the average September 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

1 MAGDALEN CRESCENT Sold Prices

Land registry data shows three sales for 1 MAGDALEN CRESCENT 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 MAGDALEN CRESCENT sales were for below 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
2022 23 SEP	£345,000	£426,553	19% below HPI
2013 19 DEC	£225,000	£259,966	13% below HPI
1995 1 MAR	£53,000	£68,969	23% below HPI

1 MAGDALEN CRESCENT 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 MAGDALEN CRESCENT sales between March 1995 and September 2022 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 MAGDALEN CRESCENT?

1 MAGDALEN CRESCENT is 66m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% 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 MAGDALEN CRESCENT lies on this distribution: 10% of detached houses are smaller than 1 MAGDALEN CRESCENT, and 89% of houses are larger. Note that EPC data is not available for all properties in Cowes.

1 MAGDALEN CRESCENT: Plot and Title Map

1 MAGDALEN CRESCENT sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 1 MAGDALEN CRESCENT, 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 MAGDALEN CRESCENT). 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 MAGDALEN CRESCENT?

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