44A, PLACE ROAD, COWES, PO31 7UB - £268,000

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

44A PLACE ROAD is a small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £268,000 in August 2020, which was around 21% below the average August 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was C.

44A PLACE ROAD Sold Prices

Land registry data shows three sales for 44A PLACE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 44A PLACE 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
2020 3 AUG	£268,000	£339,761	21% below HPI
2008 21 JUL	£249,950	£267,443	7% below HPI
1999 23 AUG	£84,000	£99,752	16% below HPI

44A PLACE 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 three 44A PLACE ROAD sales between August 1999 and August 2020 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 July 2008 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 44A PLACE ROAD?

44A PLACE ROAD is 98m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 44A PLACE ROAD lies on this distribution: 38% of detached houses are smaller than 44A PLACE ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Cowes.

44A PLACE ROAD: Plot and Title Map

44A PLACE ROAD sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 44A PLACE 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 44A PLACE 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 44A PLACE ROAD?

44A PLACE ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 44A on PLACE ROAD.