332, PARK ROAD, COWES, PO31 7NN - £500,000

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

332 PARK ROAD is a large detached house of 150m², built sometime between 1930 and 1949. It was last sold for £500,000 in July 2023, which was around 19% above the average July 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 E, and the potential energy rating was C.

332 PARK ROAD Sold Prices

Land registry data shows two sales for 332 PARK ROAD 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 332 PARK ROAD sales were for above 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 28 JUL	£500,000	£419,943	19% above HPI
2013 25 JAN	£320,000	£247,476	29% above HPI

332 PARK 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 two 332 PARK ROAD sales from January 2013 and July 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 January 2013 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2023 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 332 PARK ROAD?

332 PARK ROAD is 150m² according to the EPC inspection conducted in May 2023. This puts it in the largest 30% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 332 PARK ROAD lies on this distribution: 73% of detached houses are smaller than 332 PARK ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Cowes.

332 PARK ROAD: Plot and Title Map

332 PARK ROAD sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of 332 PARK 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 332 PARK 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 332 PARK ROAD?

332 PARK ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 332 on PARK ROAD.