15, THE CHANDLERS, COWES, PO31 7FG - £245,000

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.

15 THE CHANDLERS is a small detached house of 99m², built sometime between 2003 and 2006, which could now be worth an estimated £407,001. It was last sold for £245,000 in February 2013, which was about the average February 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

15 THE CHANDLERS Sold Prices

Land registry data shows two sales for 15 THE CHANDLERS 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. One of the two 15 THE CHANDLERS sales was roughly equal to the average price, whilst the other was 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
2013 4 FEB	£245,000	£245,069	Close to HPI
2003 29 AUG	£220,000	£198,927	11% above HPI

15 THE CHANDLERS 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 15 THE CHANDLERS sales from August 2003 and February 2013 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 August 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2013 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 THE CHANDLERS be worth now?

15 THE CHANDLERS might now be worth an estimated £407,001.

This is based on house price inflation of 66.1%, between February 2013 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 66.1% inflationary increase is applied to the most recent sale price for 15 THE CHANDLERS of £245,000 on 4th February 2013. For the value to have increased from £245,000 to £407,001 over the twelve years to February 2025, the following assumptions must hold true:

• The value of 15 THE CHANDLERS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2013 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE CHANDLERS has not materially changed since February 2013.

How Large is 15 THE CHANDLERS?

15 THE CHANDLERS is 99m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 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 15 THE CHANDLERS lies on this distribution: 40% of detached houses houses are smaller than 15 THE CHANDLERS, and 60% of houses are larger. Note that EPC data is not available for all properties in Cowes.

15 THE CHANDLERS: Plot and Title Map

15 THE CHANDLERS sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 15 THE CHANDLERS, 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 15 THE CHANDLERS). 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 15 THE CHANDLERS?

15 THE CHANDLERS is located in COWES, in the PO31 postcode district. The below map shows the position of No. 15 on THE CHANDLERS.