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
2 STANLEY ROAD is a midsized extended detached house of 119m², built sometime between 1900 and 1929. It was last sold for £190,000 in March 2016, which was around 34% below the average March 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 2 STANLEY ROAD since 1st 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 2 STANLEY 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 |
---|---|---|---|
2016 21 MAR | £190,000 | £289,611 | 34% below HPI |
2013 9 AUG | £154,000 | £255,361 | 40% below HPI |
2007 26 OCT | £195,000 | £273,234 | 29% below HPI |
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 2 STANLEY ROAD sales between October 2007 and March 2016 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 August 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
2 STANLEY ROAD is 119m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 50% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 2 STANLEY ROAD lies on this distribution: 57% of detached houses are smaller than 2 STANLEY ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Cowes.
2 STANLEY ROAD sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 2 STANLEY 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 2 STANLEY 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.
2 STANLEY ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 2 on STANLEY ROAD.