28, NELSON DRIVE, COWES, PO31 8QY - £181,000

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

28 NELSON DRIVE is a very small detached house of 43m², built sometime between 1983 and 1990. It was last sold for £181,000 in May 2021, which was around 50% below the average May 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

28 NELSON DRIVE Sold Prices

Land registry data shows five sales for 28 NELSON DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 28 NELSON 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
2021 28 MAY	£181,000	£365,654	50% below HPI
2018 22 OCT	£173,000	£318,164	46% below HPI
2014 1 AUG	£147,000	£265,613	45% below HPI
1999 27 AUG	£59,950	£99,752	40% below HPI
1995 30 NOV	£40,000	£68,411	42% below HPI

28 NELSON 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 five 28 NELSON DRIVE sales between November 1995 and May 2021 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 October 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 28 NELSON DRIVE?

28 NELSON DRIVE is 43m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 28 NELSON DRIVE lies on this distribution: 1% of detached houses are smaller than 28 NELSON DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cowes.

28 NELSON DRIVE: Plot and Title Map

28 NELSON DRIVE sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 28 NELSON 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 28 NELSON 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 28 NELSON DRIVE?

28 NELSON DRIVE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 28 on NELSON DRIVE.