118, PLACE ROAD, COWES, PO31 7AE - £330,000

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

118 PLACE ROAD is a midsized extended detached house of 102m², built sometime between 1900 and 1929. It was last sold for £330,000 in August 2017, which was around 9% above the average August 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2010, where the current energy rating was F, and the potential energy rating was E.

118 PLACE ROAD Sold Prices

Land registry data shows four sales for 118 PLACE 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. two of the four 118 PLACE ROAD sales were for above the average price, and four 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
2017 31 AUG	£330,000	£303,260	9% above HPI
2010 8 SEP	£268,000	£260,714	3% above HPI
2007 1 AUG	£239,500	£263,269	9% below HPI
2002 16 DEC	£155,000	£184,364	16% below HPI

118 PLACE 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 PLACE ROAD sales between December 2002 and August 2017 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 September 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2017 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 118 PLACE ROAD?

118 PLACE ROAD is 102m², which includes one extension, according to the EPC inspection conducted in March 2010. 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 118 PLACE ROAD lies on this distribution: 43% of detached houses are smaller than 118 PLACE ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Cowes.

118 PLACE ROAD: Plot and Title Map

118 PLACE ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 118 PLACE 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 PLACE 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 PLACE ROAD?

118 PLACE ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 118 on PLACE ROAD.