12, PRINCES ESPLANADE, COWES, PO31 8LE - £308,000

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

12 PRINCES ESPLANADE is a large detached house of 133m², built sometime between 1991 and 1995. It was last sold for £308,000 in December 2018, which was around 4% below the average December 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2017, where the current energy rating was E, and the potential energy rating was D.

12 PRINCES ESPLANADE Sold Prices

Land registry data shows two sales for 12 PRINCES ESPLANADE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 12 PRINCES ESPLANADE 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
2018 19 DEC	£308,000	£320,898	4% below HPI
2004 1 DEC	£87,000	£240,051	64% below HPI

12 PRINCES ESPLANADE 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 two 12 PRINCES ESPLANADE sales from December 2004 and December 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 December 2004 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the December 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 12 PRINCES ESPLANADE?

12 PRINCES ESPLANADE is 133m² according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 12 PRINCES ESPLANADE lies on this distribution: 66% of detached houses are smaller than 12 PRINCES ESPLANADE, and 33% of houses are larger. Note that EPC data is not available for all properties in Cowes.

12 PRINCES ESPLANADE: Plot and Title Map

12 PRINCES ESPLANADE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 12 PRINCES ESPLANADE, 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 12 PRINCES ESPLANADE). 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 12 PRINCES ESPLANADE?

12 PRINCES ESPLANADE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 12 on PRINCES ESPLANADE.