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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

288 NEWPORT ROAD is a very small detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £344,887. It was last sold for £350,000 in August 2023, which was around 15% 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	£413,152	15% below HPI
2002 26 SEP	£150,000	£172,221	13% below HPI
1996 20 DEC	£63,000	£69,728	10% 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 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 288 NEWPORT ROAD be worth now?

288 NEWPORT ROAD might now be worth an estimated £344,887.

This is based on house price deflation of 1.5%, between August 2023 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% deflationary decrease is applied to the most recent sale price for 288 NEWPORT ROAD of £350,000 on 25th August 2023. For the value to have decreased from £350,000 to £344,887 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 288 NEWPORT ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 288 NEWPORT ROAD has not materially changed since August 2023.

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 houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cowes, and where 288 NEWPORT ROAD lies on this distribution: 18% of detached houses houses are smaller than 288 NEWPORT ROAD, and 82% 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 0.196 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.