5, MAGDALEN CRESCENT, COWES, PO31 8EP - £235,000

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.

5 MAGDALEN CRESCENT is a very small detached house of 68m², built sometime between 1950 and 1966, which could now be worth an estimated £294,953. It was last sold for £235,000 in December 2019, which was around 28% below the average December 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2022, where the current energy rating was B, and the potential energy rating was B.

5 MAGDALEN CRESCENT Sold Prices

Land registry data shows two sales for 5 MAGDALEN CRESCENT 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 5 MAGDALEN CRESCENT 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
2019 13 DEC	£235,000	£324,364	28% below HPI
1997 22 JUL	£60,000	£76,287	21% below HPI

5 MAGDALEN CRESCENT 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 5 MAGDALEN CRESCENT sales from July 1997 and December 2019 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2019 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 MAGDALEN CRESCENT be worth now?

5 MAGDALEN CRESCENT might now be worth an estimated £294,953.

This is based on house price inflation of 25.5%, between December 2019 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 5 MAGDALEN CRESCENT of £235,000 on 13th December 2019. For the value to have increased from £235,000 to £294,953 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 MAGDALEN CRESCENT has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2019 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MAGDALEN CRESCENT has not materially changed since December 2019.

How Large is 5 MAGDALEN CRESCENT?

5 MAGDALEN CRESCENT is 68m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% 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 5 MAGDALEN CRESCENT lies on this distribution: 12% of detached houses houses are smaller than 5 MAGDALEN CRESCENT, and 88% of houses are larger. Note that EPC data is not available for all properties in Cowes.

5 MAGDALEN CRESCENT: Plot and Title Map

5 MAGDALEN CRESCENT sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 5 MAGDALEN CRESCENT, 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 5 MAGDALEN CRESCENT). 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 5 MAGDALEN CRESCENT?

5 MAGDALEN CRESCENT is located in COWES, in the PO31 postcode district. The below map shows the position of No. 5 on MAGDALEN CRESCENT.