17, VEREKER DRIVE, EAST COWES, PO32 6QE - £278,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

17 VEREKER DRIVE is a very small extended detached house of 67m², built sometime between 1976 and 1982. It was last sold for £278,500 in June 2020, which was around 17% below the average June 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

17 VEREKER DRIVE Sold Prices

Land registry data shows five sales for 17 VEREKER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 17 VEREKER DRIVE 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
2020 26 JUN	£278,500	£334,146	17% below HPI
2017 1 SEP	£255,000	£305,199	16% below HPI
2012 3 AUG	£194,000	£257,714	25% below HPI
2009 18 MAY	£174,950	£234,088	25% below HPI
2006 21 JUL	£162,500	£247,337	34% below HPI

17 VEREKER DRIVE 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 five 17 VEREKER DRIVE sales between July 2006 and June 2020 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 September 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 17 VEREKER DRIVE?

17 VEREKER DRIVE is 67m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 17 VEREKER DRIVE lies on this distribution: 9% of detached houses are smaller than 17 VEREKER DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in East Cowes.

17 VEREKER DRIVE: Plot and Title Map

17 VEREKER DRIVE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 17 VEREKER DRIVE, 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 17 VEREKER DRIVE). 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 17 VEREKER DRIVE?

17 VEREKER DRIVE is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 17 on VEREKER DRIVE.