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

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

3 THE CHANDLERS is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £450,000 in December 2022, which was around 2% 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. Most of the four 3 THE CHANDLERS 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
2022 21 DEC	£450,000	£442,312	2% above HPI
2013 6 SEP	£245,000	£255,877	4% below HPI
2011 14 FEB	£245,000	£259,755	6% below HPI
2003 16 MAY	£191,000	£193,340	1% below 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

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 in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 3 THE CHANDLERS lies on this distribution: 55% of detached houses are smaller than 3 THE CHANDLERS, and 44% 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.