195, PARK ROAD, COWES, PO31 7NP - £300,000

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.

195 PARK ROAD is a very small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £379,437. It was last sold for £300,000 in November 2019, which was around 7% below the average November 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

195 PARK ROAD Sold Prices

Land registry data shows three sales for 195 PARK 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. Two of the three 195 PARK ROAD sales were for below the average price, whilst one 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
2019 20 NOV	£300,000	£321,884	7% below HPI
2008 30 OCT	£245,000	£243,422	1% above HPI
2005 26 MAY	£225,000	£227,897	1% below HPI

195 PARK 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 195 PARK ROAD sales between May 2005 and November 2019 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 2008 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 195 PARK ROAD be worth now?

195 PARK ROAD might now be worth an estimated £379,437.

This is based on house price inflation of 26.5%, between November 2019 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 26.5% inflationary increase is applied to the most recent sale price for 195 PARK ROAD of £300,000 on 20th November 2019. For the value to have increased from £300,000 to £379,437 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 195 PARK ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2019 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 195 PARK ROAD has not materially changed since November 2019.

How Large is 195 PARK ROAD?

195 PARK ROAD is 72m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% 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 195 PARK ROAD lies on this distribution: 15% of detached houses houses are smaller than 195 PARK ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Cowes.

195 PARK ROAD: Plot and Title Map

195 PARK ROAD sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of 195 PARK 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 195 PARK 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 195 PARK ROAD?

195 PARK ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 195 on PARK ROAD.