2, WILLOW TREE DRIVE, COWES, PO31 8AR - £245,000

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 WILLOW TREE DRIVE is a midsized detached house of 111m², built sometime between 2003 and 2006. It was last sold for £245,000 in February 2008, which was around 8% below the average February 2008 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

2 WILLOW TREE DRIVE Sold Prices

Land registry data shows two sales for 2 WILLOW TREE 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 2 WILLOW TREE 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
2008 28 FEB	£245,000	£266,190	8% below HPI
2005 9 DEC	£215,000	£239,402	10% below HPI

2 WILLOW TREE 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 2 WILLOW TREE DRIVE sales from December 2005 and February 2008 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 December 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2008 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 2 WILLOW TREE DRIVE?

2 WILLOW TREE DRIVE is 111m² according to the EPC inspection conducted in November 2018. 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 WILLOW TREE DRIVE lies on this distribution: 50% of detached houses are smaller than 2 WILLOW TREE DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Cowes.

2 WILLOW TREE DRIVE: Plot and Title Map

2 WILLOW TREE DRIVE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 2 WILLOW TREE 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 2 WILLOW TREE 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 2 WILLOW TREE DRIVE?

2 WILLOW TREE DRIVE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 2 on WILLOW TREE DRIVE.