4, LANYARDS LEA, COWES, PO31 7UW - £215,000

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

4 LANYARDS LEA is a small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £215,000 in November 2016, which was around 26% below the average November 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

4 LANYARDS LEA Sold Prices

Land registry data shows two sales for 4 LANYARDS LEA 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 4 LANYARDS LEA 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
2016 4 NOV	£215,000	£290,578	26% below HPI
2001 31 AUG	£103,500	£143,253	28% below HPI

4 LANYARDS LEA 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 4 LANYARDS LEA sales from August 2001 and November 2016 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 August 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 LANYARDS LEA?

4 LANYARDS LEA is 79m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 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 4 LANYARDS LEA lies on this distribution: 23% of detached houses are smaller than 4 LANYARDS LEA, and 77% of houses are larger. Note that EPC data is not available for all properties in Cowes.

4 LANYARDS LEA: Plot and Title Map

4 LANYARDS LEA sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 4 LANYARDS LEA, 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 4 LANYARDS LEA). 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 4 LANYARDS LEA?

4 LANYARDS LEA is located in COWES, in the PO31 postcode district. The below map shows the position of No. 4 on LANYARDS LEA.