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

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

48 LOWER CHURCH ROAD is a very large extended detached house of 204m², built sometime between 1976 and 1982. It was last sold for £795,000 in February 2020, which was around 140% 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	£331,201	140% above HPI
2006 7 APR	£250,000	£238,655	5% above HPI
2001 20 DEC	£147,000	£152,206	3% below HPI
1997 24 JAN	£76,000	£72,912	4% 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 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2020 sale, where it rises to 140% above the HPI. The line then continues to track at 140% above the HPI.

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 in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 48 LOWER CHURCH ROAD lies on this distribution: 90% of detached 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.