31, CASTLE STREET, EAST COWES, PO32 6RD - £48,000

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

31 CASTLE STREET is a small extended detached house of 79m², built sometime before 1900. It was last sold for £48,000 in May 2001, which was around 64% below the average May 2001 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

31 CASTLE STREET Sold Prices

Land registry data shows two sales for 31 CASTLE STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 31 CASTLE STREET 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
2001 14 MAY	£48,000	£133,416	64% below HPI
1998 17 NOV	£24,500	£95,045	74% below HPI

31 CASTLE STREET 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 two 31 CASTLE STREET sales from November 1998 and May 2001 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 November 1998 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the May 2001 sale, where it rises to 64% below the HPI. The line then continues to track at 64% below the HPI.

How Large is 31 CASTLE STREET?

31 CASTLE STREET is 79m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 31 CASTLE STREET lies on this distribution: 25% of detached houses are smaller than 31 CASTLE STREET, and 74% of houses are larger. Note that EPC data is not available for all properties in East Cowes.

31 CASTLE STREET: Plot and Title Map

31 CASTLE STREET sits on a plot of roughly 0.013 of an acre, or 53m². The below map shows the location of 31 CASTLE STREET, 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 31 CASTLE STREET). 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 31 CASTLE STREET?

31 CASTLE STREET is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 31 on CASTLE STREET.