47, GREEN LANE, COWES, PO31 8QG - £460,000

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

47 GREEN LANE is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £460,000 in September 2022, which was around 8% above the average September 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

47 GREEN LANE Sold Prices

Land registry data shows three sales for 47 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 47 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
2022 21 SEP	£460,000	£426,553	8% above HPI
2015 11 DEC	£325,000	£286,657	13% above HPI
1998 6 FEB	£136,000	£82,939	64% above HPI

47 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 47 GREEN LANE sales between February 1998 and September 2022 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 December 2015 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the September 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 47 GREEN LANE?

47 GREEN LANE is 116m² according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 47 GREEN LANE lies on this distribution: 55% of detached houses are smaller than 47 GREEN LANE, and 44% of houses are larger. Note that EPC data is not available for all properties in Cowes.

47 GREEN LANE: Plot and Title Map

47 GREEN LANE sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 47 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 47 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 47 GREEN LANE?

47 GREEN LANE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 47 on GREEN LANE.