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
43 GRANVILLE ROAD is a large extended detached house of 157m², built sometime before 1900. It was last sold for £632,000 in February 2018, which was around 105% above the average February 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows five sales for 43 GRANVILLE ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 43 GRANVILLE 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 |
---|---|---|---|
2018 20 FEB | £632,000 | £307,887 | 105% above HPI |
2008 20 AUG | £525,000 | £259,165 | 103% above HPI |
2004 12 MAY | £425,000 | £215,732 | 97% above HPI |
2001 31 JUL | £240,000 | £141,991 | 69% above HPI |
1998 21 JUL | £165,000 | £88,381 | 87% above 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 five 43 GRANVILLE ROAD sales between July 1998 and February 2018 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 2008 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the February 2018 sale, where it rises to 105% above the HPI. The line then continues to track at 105% above the HPI.
43 GRANVILLE ROAD is 157m², which includes one extension, according to the EPC inspection conducted in June 2016. 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 43 GRANVILLE ROAD lies on this distribution: 76% of detached houses are smaller than 43 GRANVILLE ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Cowes.
43 GRANVILLE ROAD sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 43 GRANVILLE 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 43 GRANVILLE 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.
43 GRANVILLE ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 43 on GRANVILLE ROAD.