2, THE DELL, COWES, PO31 8QQ - £307,000

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

2 THE DELL is a large detached house of 138m², built sometime between 1996 and 2002. It was last sold for £307,000 in May 2010, which was around 20% above the average May 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

2 THE DELL Sold Prices

Land registry data shows three sales for 2 THE DELL 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 2 THE DELL sales were 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
2010 7 MAY	£307,000	£255,954	20% above HPI
2004 11 MAY	£260,000	£215,732	21% above HPI
1999 15 JUN	£140,000	£96,072	46% above HPI

2 THE DELL 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 2 THE DELL sales between June 1999 and May 2010 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 May 2004 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2010 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 2 THE DELL?

2 THE DELL is 138m² according to the EPC inspection conducted in January 2010. This puts it in the largest 40% 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 THE DELL lies on this distribution: 68% of detached houses are smaller than 2 THE DELL, and 31% of houses are larger. Note that EPC data is not available for all properties in Cowes.

2 THE DELL: Plot and Title Map

2 THE DELL sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 2 THE DELL, 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 THE DELL). 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 2 THE DELL?

2 THE DELL is located in COWES, in the PO31 postcode district. The below map shows the position of No. 2 on THE DELL.