48, LOWER CHURCH ROAD, COWES, PO31 8JG - £795,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 LOWER CHURCH ROAD is a very large extended detached house of 204m², built sometime between 1976 and 1982, which could now be worth an estimated £998,027. It was last sold for £795,000 in February 2020, which was around 145% above the average February 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

48 LOWER CHURCH ROAD Sold Prices

Land registry data shows four sales for 48 LOWER CHURCH ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the four 48 LOWER CHURCH 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
2020 7 FEB	£795,000	£324,297	145% above HPI
2006 7 APR	£250,000	£233,680	7% above HPI
2001 20 DEC	£147,000	£149,033	1% below HPI
1997 24 JAN	£76,000	£71,392	6% above HPI

48 LOWER CHURCH 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 four 48 LOWER CHURCH ROAD sales between January 1997 and February 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 April 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2020 sale, where it rises to 145% above the HPI. The line then continues to track at 145% above the HPI.

What might 48 LOWER CHURCH ROAD be worth now?

48 LOWER CHURCH ROAD might now be worth an estimated £998,027.

This is based on house price inflation of 25.5%, between February 2020 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25.5% inflationary increase is applied to the most recent sale price for 48 LOWER CHURCH ROAD of £795,000 on 7th February 2020. For the value to have increased from £795,000 to £998,027 over the five years to February 2025, the following assumptions must hold true:

• The value of 48 LOWER CHURCH ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2020 sale price of £795,000 represented a fair market value for the property.
• The size, condition, and specification of 48 LOWER CHURCH ROAD has not materially changed since February 2020.

How Large is 48 LOWER CHURCH ROAD?

48 LOWER CHURCH ROAD is 204m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cowes, and where 48 LOWER CHURCH ROAD lies on this distribution: 90% of detached houses houses are smaller than 48 LOWER CHURCH ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Cowes.

48 LOWER CHURCH ROAD: Plot and Title Map

48 LOWER CHURCH ROAD sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 48 LOWER CHURCH 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 48 LOWER CHURCH 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 48 LOWER CHURCH ROAD?

48 LOWER CHURCH ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 48 on LOWER CHURCH ROAD.