48, MILL HILL ROAD, COWES, PO31 7EG - £623,000

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 MILL HILL ROAD is a very large extended detached house of 295m², built sometime before 1900. It was last sold for £623,000 in September 2014, which was around 134% above the average September 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2014, where the current energy rating was F, and the potential energy rating was D.

48 MILL HILL ROAD Sold Prices

Land registry data shows two sales for 48 MILL HILL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 48 MILL HILL 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
2014 26 SEP	£623,000	£265,971	134% above HPI
1997 31 JUL	£105,000	£77,911	35% above HPI

48 MILL HILL 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 two 48 MILL HILL ROAD sales from July 1997 and September 2014 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 July 1997 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2014 sale, where it rises to 134% above the HPI. The line then continues to track at 134% above the HPI.

How Large is 48 MILL HILL ROAD?

48 MILL HILL ROAD is 295m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 MILL HILL ROAD lies on this distribution: 98% of detached houses are smaller than 48 MILL HILL ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Cowes.

48 MILL HILL ROAD: Plot and Title Map

48 MILL HILL ROAD sits on a plot of roughly 0.201 of an acre, or 811m². The below map shows the location of 48 MILL HILL 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 MILL HILL 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 MILL HILL ROAD?

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