118, OLD ROAD, EAST COWES, PO32 6AX - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

118 OLD ROAD is a very large extended detached house of 160m², built sometime between 1983 and 1990. It was last sold for £475,000 in January 2021, which was around 30% above the average January 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

118 OLD ROAD Sold Prices

Land registry data shows four sales for 118 OLD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 118 OLD ROAD 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
2021 5 JAN	£475,000	£366,659	30% above HPI
2017 7 APR	£336,000	£299,614	12% above HPI
2003 19 FEB	£280,500	£185,490	51% above HPI
1999 21 JAN	£139,950	£93,730	49% above HPI

118 OLD 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 four 118 OLD ROAD sales between January 1999 and January 2021 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 April 2017 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the January 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 118 OLD ROAD?

118 OLD ROAD is 160m², which includes two extensions, according to the EPC inspection conducted in March 2017. This puts it in the largest 10% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 118 OLD ROAD lies on this distribution: 94% of detached houses are smaller than 118 OLD ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in East Cowes.

118 OLD ROAD: Plot and Title Map

118 OLD ROAD sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 118 OLD 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 118 OLD 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 118 OLD ROAD?

118 OLD ROAD is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 118 on OLD ROAD.