162, MILL HILL ROAD, COWES, PO31 7EL - £216,000

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

162 MILL HILL ROAD is a small detached house of 91m², built sometime between 1900 and 1929. It was last sold for £216,000 in February 2014, which was around 17% below the average February 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

162 MILL HILL ROAD Sold Prices

Land registry data shows two sales for 162 MILL HILL ROAD 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 162 MILL HILL ROAD 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
2014 28 FEB	£216,000	£259,038	17% below HPI
2011 7 OCT	£175,000	£248,879	30% below HPI

162 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 two 162 MILL HILL ROAD sales from October 2011 and February 2014 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 October 2011 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 162 MILL HILL ROAD?

162 MILL HILL ROAD is 91m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 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 162 MILL HILL ROAD lies on this distribution: 33% of detached houses are smaller than 162 MILL HILL ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Cowes.

162 MILL HILL ROAD: Plot and Title Map

162 MILL HILL ROAD sits on a plot of roughly 0.139 of an acre, or 565m². The below map shows the location of 162 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 162 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 162 MILL HILL ROAD?

162 MILL HILL ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 162 on MILL HILL ROAD.