5, PLACE ROAD, COWES, PO31 7UA - £360,000

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 PLACE ROAD is a large extended detached house of 152m², built sometime between 1900 and 1929. It was last sold for £360,000 in April 2016, which was around 25% above the average April 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

5 PLACE ROAD Sold Prices

Land registry data shows three sales for 5 PLACE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. One of the three 5 PLACE ROAD sales was for above the average price, whilst two 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
2016 8 APR	£360,000	£288,855	25% above HPI
2004 23 JAN	£165,000	£209,766	21% below HPI
1999 19 NOV	£79,950	£107,969	26% below HPI

5 PLACE 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 three 5 PLACE ROAD sales between November 1999 and April 2016 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 January 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2016 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 5 PLACE ROAD?

5 PLACE ROAD is 152m², which includes two extensions, according to the EPC inspection conducted in November 2015. 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 5 PLACE ROAD lies on this distribution: 74% of detached houses are smaller than 5 PLACE ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Cowes.

5 PLACE ROAD: Plot and Title Map

5 PLACE ROAD sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 5 PLACE 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 5 PLACE 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 5 PLACE ROAD?

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