288, NEWPORT ROAD, COWES, PO31 8PE - £350,000

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

288 NEWPORT ROAD is a very small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £350,000 in August 2023, which was around 17% below the average August 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

288 NEWPORT ROAD Sold Prices

Land registry data shows three sales for 288 NEWPORT ROAD 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 288 NEWPORT 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 25 AUG	£350,000	£421,947	17% below HPI
2002 26 SEP	£150,000	£175,887	15% below HPI
1996 20 DEC	£63,000	£71,213	12% below HPI

288 NEWPORT 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 three 288 NEWPORT ROAD sales between December 1996 and August 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 September 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 288 NEWPORT ROAD?

288 NEWPORT ROAD is 75m² according to the EPC inspection conducted in May 2023. 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 288 NEWPORT ROAD lies on this distribution: 18% of detached houses are smaller than 288 NEWPORT ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Cowes.

288 NEWPORT ROAD: Plot and Title Map

288 NEWPORT ROAD sits on a plot of roughly 0.197 of an acre, or 795m². The below map shows the location of 288 NEWPORT 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 288 NEWPORT 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 288 NEWPORT ROAD?

288 NEWPORT ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 288 on NEWPORT ROAD.