10, THE SLIPWAY, COWES, PO31 7FD - £310,000

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

10 THE SLIPWAY is a midsized extended detached house of 109m², built sometime between 2003 and 2006. It was last sold for £310,000 in May 2020, which was around 7% below the average May 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

10 THE SLIPWAY Sold Prices

Land registry data shows three sales for 10 THE SLIPWAY 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 10 THE SLIPWAY 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
2020 26 MAY	£310,000	£332,408	7% below HPI
2011 4 MAY	£243,000	£249,829	3% below HPI
2005 8 FEB	£227,500	£238,248	5% below HPI

10 THE SLIPWAY 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 10 THE SLIPWAY sales between February 2005 and May 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 May 2011 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2020 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 10 THE SLIPWAY?

10 THE SLIPWAY is 109m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the smallest 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 10 THE SLIPWAY lies on this distribution: 48% of detached houses are smaller than 10 THE SLIPWAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Cowes.

10 THE SLIPWAY: Plot and Title Map

10 THE SLIPWAY sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 10 THE SLIPWAY, 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 10 THE SLIPWAY). 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 10 THE SLIPWAY?

10 THE SLIPWAY is located in COWES, in the PO31 postcode district. The below map shows the position of No. 10 on THE SLIPWAY.