122, MILL HILL ROAD, COWES, PO31 7EJ - £400,000

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.

122 MILL HILL ROAD is a large detached house of 131m², built sometime from 2007 onwards, which could now be worth an estimated £406,018. It was last sold for £400,000 in January 2022, which was about the average January 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

122 MILL HILL ROAD Sold Prices

Land registry data shows three sales for 122 MILL HILL 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. The three 122 MILL HILL ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2022 26 JAN	£400,000	£401,082	Close to HPI
2020 11 NOV	£290,000	£353,880	18% below HPI
2011 31 MAY	£250,000	£244,621	2% above HPI

122 MILL HILL 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 122 MILL HILL ROAD sales between May 2011 and January 2022 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 November 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 122 MILL HILL ROAD be worth now?

122 MILL HILL ROAD might now be worth an estimated £406,018.

This is based on house price inflation of 1.5%, between January 2022 and February 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 1.5% inflationary increase is applied to the most recent sale price for 122 MILL HILL ROAD of £400,000 on 26th January 2022. For the value to have increased from £400,000 to £406,018 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 122 MILL HILL ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 122 MILL HILL ROAD has not materially changed since January 2022.

How Large is 122 MILL HILL ROAD?

122 MILL HILL ROAD is 131m² according to the EPC inspection conducted in July 2020. 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 122 MILL HILL ROAD lies on this distribution: 64% of detached houses houses are smaller than 122 MILL HILL ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Cowes.

122 MILL HILL ROAD: Plot and Title Map

122 MILL HILL ROAD sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 122 MILL HILL 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 122 MILL HILL 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 122 MILL HILL ROAD?

122 MILL HILL ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 122 on MILL HILL ROAD.