49, MILL HILL ROAD, COWES, PO31 7EG - £495,000

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

49 MILL HILL ROAD is a large extended detached house of 156m², built sometime between 1900 and 1929. It was last sold for £495,000 in August 2018, which was around 56% above the average August 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

49 MILL HILL ROAD Sold Prices

Land registry data shows two sales for 49 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 49 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
2018 17 AUG	£495,000	£316,372	56% above HPI
2016 6 MAY	£330,000	£288,538	14% above HPI

49 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 49 MILL HILL ROAD sales from May 2016 and August 2018 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 May 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2018 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 49 MILL HILL ROAD?

49 MILL HILL ROAD is 156m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 30% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 49 MILL HILL ROAD lies on this distribution: 76% of detached houses are smaller than 49 MILL HILL ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Cowes.

49 MILL HILL ROAD: Plot and Title Map

49 MILL HILL ROAD sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 49 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 49 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 49 MILL HILL ROAD?

49 MILL HILL ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 49 on MILL HILL ROAD.