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
40 OLD ROAD is a very large detached house of 129m², built sometime between 1967 and 1975. It was last sold for £235,000 in September 2014, which was around 12% below the average September 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 40 OLD ROAD since 1st 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 40 OLD ROAD 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 |
---|---|---|---|
2014 23 SEP | £235,000 | £265,971 | 12% below HPI |
2012 17 SEP | £225,000 | £255,962 | 12% below HPI |
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 40 OLD ROAD sales from September 2012 and September 2014 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 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2014 sale, which was also at 12% below the HPI.
40 OLD ROAD is 129m² according to the EPC inspection conducted in May 2011. This puts it in the largest 20% 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 40 OLD ROAD lies on this distribution: 85% of detached houses are smaller than 40 OLD ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in East Cowes.
40 OLD ROAD sits on a plot of roughly 0.193 of an acre, or 779m². The below map shows the location of 40 OLD 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 40 OLD 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.
40 OLD ROAD is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 40 on OLD ROAD.