18, NELSON DRIVE, COWES, PO31 8QY - £140,000

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

18 NELSON DRIVE is a very small detached house of 47m², built sometime between 1983 and 1990. It was last sold for £140,000 in October 2013, which was around 45% below the average October 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

18 NELSON DRIVE Sold Prices

Land registry data shows two sales for 18 NELSON DRIVE 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 18 NELSON 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
2013 29 OCT	£140,000	£255,998	45% below HPI
1997 5 SEP	£49,950	£81,314	39% below HPI

18 NELSON 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 two 18 NELSON DRIVE sales from September 1997 and October 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 September 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2013 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 18 NELSON DRIVE?

18 NELSON DRIVE is 47m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 18 NELSON DRIVE lies on this distribution: 1% of detached houses are smaller than 18 NELSON DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cowes.

18 NELSON DRIVE: Plot and Title Map

18 NELSON DRIVE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 18 NELSON 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 18 NELSON 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 18 NELSON DRIVE?

18 NELSON DRIVE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 18 on NELSON DRIVE.