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

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 WARD AVENUE is a midsized detached house of 104m², built sometime between 1967 and 1975. It was last sold for £500,000 in December 2019, which was around 51% 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	£331,270	51% above HPI
2014 6 NOV	£420,000	£270,781	55% above HPI
2009 27 MAR	£290,000	£224,998	29% 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 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the December 2019 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

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 in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 5 WARD AVENUE lies on this distribution: 44% of detached 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.