23, MAGDALEN CRESCENT, COWES, PO31 8EP - £285,000

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

23 MAGDALEN CRESCENT is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £285,000 in October 2019, which was around 14% below the average October 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

23 MAGDALEN CRESCENT Sold Prices

Land registry data shows three sales for 23 MAGDALEN CRESCENT 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 23 MAGDALEN CRESCENT 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
2019 28 OCT	£285,000	£330,575	14% below HPI
2006 5 DEC	£218,000	£253,266	14% below HPI
1996 14 NOV	£63,000	£70,517	11% below HPI

23 MAGDALEN CRESCENT 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 23 MAGDALEN CRESCENT sales between November 1996 and October 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 December 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2019 sale, which was also at 14% below the HPI.

How Large is 23 MAGDALEN CRESCENT?

23 MAGDALEN CRESCENT is 77m², which includes one extension, according to the EPC inspection conducted in December 2018. 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 23 MAGDALEN CRESCENT lies on this distribution: 20% of detached houses are smaller than 23 MAGDALEN CRESCENT, and 80% of houses are larger. Note that EPC data is not available for all properties in Cowes.

23 MAGDALEN CRESCENT: Plot and Title Map

23 MAGDALEN CRESCENT sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 23 MAGDALEN CRESCENT, 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 23 MAGDALEN CRESCENT). 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 23 MAGDALEN CRESCENT?

23 MAGDALEN CRESCENT is located in COWES, in the PO31 postcode district. The below map shows the position of No. 23 on MAGDALEN CRESCENT.