392, NEWPORT ROAD, COWES, PO31 8PP - £350,000

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

392 NEWPORT ROAD is a midsized detached house of 121m², built sometime between 1930 and 1949. It was last sold for £350,000 in December 2015, which was around 22% above the average December 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was C.

392 NEWPORT ROAD Sold Prices

Land registry data shows two sales for 392 NEWPORT 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 392 NEWPORT 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
2015 8 DEC	£350,000	£286,657	22% above HPI
2011 21 MAR	£295,000	£255,993	15% above HPI

392 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 two 392 NEWPORT ROAD sales from March 2011 and December 2015 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 March 2011 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2015 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 392 NEWPORT ROAD?

392 NEWPORT ROAD is 121m² according to the EPC inspection conducted in March 2009. 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 392 NEWPORT ROAD lies on this distribution: 59% of detached houses are smaller than 392 NEWPORT ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Cowes.

392 NEWPORT ROAD: Plot and Title Map

392 NEWPORT ROAD sits on a plot of roughly 0.334 of an acre, or 1,351m². The below map shows the location of 392 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 392 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 392 NEWPORT ROAD?

392 NEWPORT ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 392 on NEWPORT ROAD.