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

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

5 MAGDALEN CRESCENT is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £235,000 in December 2019, which was around 29% 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	£331,270	29% below HPI
1997 22 JUL	£60,000	£77,911	23% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

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 in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 5 MAGDALEN CRESCENT lies on this distribution: 12% of detached 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.