3, THE CHANDLERS, COWES, PO31 7FG - £450,000

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.

3 THE CHANDLERS is a midsized extended detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £412,105. It was last sold for £450,000 in December 2022, which was around 4% above the average December 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

3 THE CHANDLERS Sold Prices

Land registry data shows four sales for 3 THE CHANDLERS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. two of the four 3 THE CHANDLERS sales were for above the average price, and four 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
2022 21 DEC	£450,000	£433,092	4% above HPI
2013 6 SEP	£245,000	£250,543	2% below HPI
2011 14 FEB	£245,000	£254,341	4% below HPI
2003 16 MAY	£191,000	£189,309	1% above HPI

3 THE CHANDLERS 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 four 3 THE CHANDLERS sales between May 2003 and December 2022 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 2013 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 THE CHANDLERS be worth now?

3 THE CHANDLERS might now be worth an estimated £412,105.

This is based on house price deflation of 8.4%, between December 2022 and July 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 8.4% deflationary decrease is applied to the most recent sale price for 3 THE CHANDLERS of £450,000 on 21st December 2022. For the value to have decreased from £450,000 to £412,105 over the three years and five months to July 2025, the following assumptions must hold true:

• The value of 3 THE CHANDLERS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE CHANDLERS has not materially changed since December 2022.

How Large is 3 THE CHANDLERS?

3 THE CHANDLERS is 116m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% 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 3 THE CHANDLERS lies on this distribution: 54% of detached houses houses are smaller than 3 THE CHANDLERS, and 45% of houses are larger. Note that EPC data is not available for all properties in Cowes.

3 THE CHANDLERS: Plot and Title Map

3 THE CHANDLERS sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 3 THE CHANDLERS, 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 3 THE CHANDLERS). 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 3 THE CHANDLERS?

3 THE CHANDLERS is located in COWES, in the PO31 postcode district. The below map shows the position of No. 3 on THE CHANDLERS.