41, THE GREEN, COWES, PO31 8HD - £79,000

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

41 THE GREEN is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £79,000 in September 2003, which was around 60% below the average September 2003 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

41 THE GREEN Sold Prices

Land registry data shows two sales for 41 THE GREEN 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 41 THE GREEN 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
2003 11 SEP	£79,000	£198,537	60% below HPI
1998 28 OCT	£37,500	£92,955	60% below HPI

41 THE GREEN 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 41 THE GREEN sales from October 1998 and September 2003 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 October 1998 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the September 2003 sale, which was also at 60% below the HPI.

How Large is 41 THE GREEN?

41 THE GREEN is 55m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 10% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 41 THE GREEN lies on this distribution: 3% of detached houses are smaller than 41 THE GREEN, and 96% of houses are larger. Note that EPC data is not available for all properties in Cowes.

41 THE GREEN: Plot and Title Map

41 THE GREEN sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 41 THE GREEN, 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 41 THE GREEN). 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 41 THE GREEN?

41 THE GREEN is located in COWES, in the PO31 postcode district. The below map shows the position of No. 41 on THE GREEN.