53, PARK ROAD, COWES, PO31 7LY - £278,000

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

53 PARK ROAD is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £278,000 in June 2020, which was around 17% below the average June 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

53 PARK ROAD Sold Prices

Land registry data shows three sales for 53 PARK 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. Two of the three 53 PARK ROAD sales were for below the average price, whilst one was 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
2020 8 JUN	£278,000	£334,146	17% below HPI
2000 23 MAR	£122,000	£112,759	8% above HPI
1999 11 JUN	£80,000	£96,072	17% below HPI

53 PARK 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 53 PARK ROAD sales between June 1999 and June 2020 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 March 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2020 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 53 PARK ROAD?

53 PARK ROAD is 77m² according to the EPC inspection conducted in August 2019. 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 53 PARK ROAD lies on this distribution: 20% of detached houses are smaller than 53 PARK ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Cowes.

53 PARK ROAD: Plot and Title Map

53 PARK ROAD sits on a plot of roughly 0.112 of an acre, or 454m². The below map shows the location of 53 PARK 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 53 PARK 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 53 PARK ROAD?

53 PARK ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 53 on PARK ROAD.