197, PARK ROAD, COWES, PO31 7NP - £273,000

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

197 PARK ROAD is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £273,000 in November 2017, which was around 11% below the average November 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

197 PARK ROAD Sold Prices

Land registry data shows three sales for 197 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. All of the three 197 PARK 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
2017 22 NOV	£273,000	£308,199	11% below HPI
2012 15 MAR	£243,000	£246,156	1% below HPI
2007 23 MAR	£240,000	£258,789	7% below HPI

197 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 197 PARK ROAD sales between March 2007 and November 2017 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 March 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the November 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 197 PARK ROAD?

197 PARK ROAD is 76m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 197 PARK ROAD lies on this distribution: 19% of detached houses are smaller than 197 PARK ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Cowes.

197 PARK ROAD: Plot and Title Map

197 PARK ROAD sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 197 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 197 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 197 PARK ROAD?

197 PARK ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 197 on PARK ROAD.