Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
47 ORCHARD ROAD is a midsized extended detached house of 95m², built sometime between 1900 and 1929. It was last sold for £277,000 in December 2020, which was around 25% below the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 47 ORCHARD ROAD since 1st 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 ORCHARD 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 14 DEC | £277,000 | £368,126 | 25% below HPI |
2019 12 FEB | £238,000 | £325,651 | 27% below HPI |
2007 4 SEP | £153,000 | £270,242 | 43% below 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 three 47 ORCHARD ROAD sales between September 2007 and December 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 February 2019 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
47 ORCHARD ROAD is 95m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 47 ORCHARD ROAD lies on this distribution: 51% of detached houses are smaller than 47 ORCHARD ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in East Cowes.
47 ORCHARD ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 47 ORCHARD 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 47 ORCHARD 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.
47 ORCHARD ROAD is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 47 on ORCHARD ROAD.