5, WARD AVENUE, COWES, PO31 8AY - £500,000

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 WARD AVENUE is a midsized detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £627,560. It was last sold for £500,000 in December 2019, which was around 54% above the average December 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

5 WARD AVENUE Sold Prices

Land registry data shows three sales for 5 WARD AVENUE 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. All of the three 5 WARD AVENUE 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
2019 2 DEC	£500,000	£324,364	54% above HPI
2014 6 NOV	£420,000	£265,136	58% above HPI
2009 27 MAR	£290,000	£220,308	32% above HPI

5 WARD AVENUE 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 WARD AVENUE sales between March 2009 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 November 2014 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the December 2019 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 5 WARD AVENUE be worth now?

5 WARD AVENUE might now be worth an estimated £627,560.

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 WARD AVENUE of £500,000 on 2nd December 2019. For the value to have increased from £500,000 to £627,560 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 WARD AVENUE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2019 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WARD AVENUE has not materially changed since December 2019.

How Large is 5 WARD AVENUE?

5 WARD AVENUE is 104m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 50% 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 WARD AVENUE lies on this distribution: 44% of detached houses houses are smaller than 5 WARD AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Cowes.

5 WARD AVENUE: Plot and Title Map

5 WARD AVENUE sits on a plot of roughly 0.225 of an acre, or 911m². The below map shows the location of 5 WARD AVENUE, 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 WARD AVENUE). 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 WARD AVENUE?

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