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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 PRINCES ESPLANADE is a large detached house of 133m², built sometime between 1991 and 1995, which could now be worth an estimated £388,783. It was last sold for £308,000 in December 2018, which was around 2% 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	£314,209	2% below HPI
2004 1 DEC	£87,000	£235,047	63% 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 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the December 2018 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 12 PRINCES ESPLANADE be worth now?

12 PRINCES ESPLANADE might now be worth an estimated £388,783.

This is based on house price inflation of 26.2%, between December 2018 and July 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.2% inflationary increase is applied to the most recent sale price for 12 PRINCES ESPLANADE of £308,000 on 19th December 2018. For the value to have increased from £308,000 to £388,783 over the seven years and five months to July 2025, the following assumptions must hold true:

• The value of 12 PRINCES ESPLANADE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2018 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PRINCES ESPLANADE has not materially changed since December 2018.

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 houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cowes, and where 12 PRINCES ESPLANADE lies on this distribution: 65% of detached houses houses are smaller than 12 PRINCES ESPLANADE, and 34% 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.