103, PARK ROAD, COWES, PO31 7NE - £400,000

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

103 PARK ROAD is a midsized detached house of 120m², built sometime between 1930 and 1949. It was last sold for £400,000 in April 2018, which was around 30% above the average April 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

103 PARK ROAD Sold Prices

Land registry data shows three sales for 103 PARK ROAD 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. Two of the three 103 PARK ROAD sales were for above the average price, whilst one was 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
2018 12 APR	£400,000	£308,472	30% above HPI
2007 29 AUG	£295,000	£263,269	12% above HPI
1996 1 NOV	£67,000	£70,517	5% below HPI

103 PARK ROAD 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 103 PARK ROAD sales between November 1996 and April 2018 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 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the April 2018 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 103 PARK ROAD?

103 PARK ROAD is 120m² according to the EPC inspection conducted in February 2018. 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 103 PARK ROAD lies on this distribution: 58% of detached houses are smaller than 103 PARK ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Cowes.

103 PARK ROAD: Plot and Title Map

103 PARK ROAD sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 103 PARK ROAD, 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 103 PARK ROAD). 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 103 PARK ROAD?

103 PARK ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 103 on PARK ROAD.