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
27 HEFFORD ROAD is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £230,000 in May 2023, which was around 46% below the average May 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 27 HEFFORD ROAD since 1st 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 27 HEFFORD 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 |
---|---|---|---|
2023 24 MAY | £230,000 | £428,324 | 46% below HPI |
2003 5 NOV | £130,000 | £204,988 | 37% 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 two 27 HEFFORD ROAD sales from November 2003 and May 2023 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 November 2003 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.
27 HEFFORD ROAD is 70m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 27 HEFFORD ROAD lies on this distribution: 13% of detached houses are smaller than 27 HEFFORD ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in East Cowes.
27 HEFFORD ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 27 HEFFORD 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 27 HEFFORD 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.
27 HEFFORD ROAD is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 27 on HEFFORD ROAD.