45, GREEN LANE, COWES, PO31 8QG - £370,000

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

45 GREEN LANE is a large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £370,000 in February 2011, which was around 42% above the average February 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

45 GREEN LANE Sold Prices

Land registry data shows three sales for 45 GREEN LANE 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 45 GREEN LANE 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
2011 14 FEB	£370,000	£259,755	42% above HPI
2009 30 JAN	£345,000	£239,074	44% above HPI
1998 19 MAR	£123,500	£82,325	50% above HPI

45 GREEN LANE 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 45 GREEN LANE sales between March 1998 and February 2011 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 January 2009 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the February 2011 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 45 GREEN LANE?

45 GREEN LANE is 135m² according to the EPC inspection conducted in October 2010. This puts it in the largest 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 45 GREEN LANE lies on this distribution: 67% of detached houses are smaller than 45 GREEN LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Cowes.

45 GREEN LANE: Plot and Title Map

45 GREEN LANE sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 45 GREEN LANE, 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 45 GREEN LANE). 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 45 GREEN LANE?

45 GREEN LANE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 45 on GREEN LANE.