24, PLACE ROAD, COWES, PO31 7UA - £250,000

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

24 PLACE ROAD is a midsized extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £250,000 in June 2007, which was around 4% below the average June 2007 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was C.

24 PLACE ROAD Sold Prices

Land registry data shows two sales for 24 PLACE ROAD 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 24 PLACE 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
2007 22 JUN	£250,000	£259,835	4% below HPI
1999 29 JAN	£78,000	£93,730	17% below HPI

24 PLACE 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 two 24 PLACE ROAD sales from January 1999 and June 2007 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 January 1999 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2007 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 24 PLACE ROAD?

24 PLACE ROAD is 120m², which includes one extension, according to the EPC inspection conducted in November 2020. 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 24 PLACE ROAD lies on this distribution: 58% of detached houses are smaller than 24 PLACE ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Cowes.

24 PLACE ROAD: Plot and Title Map

24 PLACE ROAD sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of 24 PLACE 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 24 PLACE 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 24 PLACE ROAD?

24 PLACE ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 24 on PLACE ROAD.