59, GREEN LANE, COWES, PO31 8QG - £125,000

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.

59 GREEN LANE is a midsized detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £493,001. It was last sold for £125,000 in October 1999, which was around 21% above the average October 1999 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2013, where the current energy rating was B, and the potential energy rating was A.

59 GREEN LANE Sold Prices

Land registry data shows two sales for 59 GREEN LANE 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 59 GREEN LANE 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
1999 29 OCT	£125,000	£103,224	21% above HPI
1998 2 OCT	£112,500	£91,017	24% above HPI

59 GREEN LANE 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 59 GREEN LANE sales from October 1998 and October 1999 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 October 1998 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 1999 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 59 GREEN LANE be worth now?

59 GREEN LANE might now be worth an estimated £493,001.

This is based on house price inflation of 294.4%, between October 1999 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 294.4% inflationary increase is applied to the most recent sale price for 59 GREEN LANE of £125,000 on 29th October 1999. For the value to have increased from £125,000 to £493,001 over the 26 years and eight months to February 2025, the following assumptions must hold true:

• The value of 59 GREEN LANE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 1999 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 59 GREEN LANE has not materially changed since October 1999.

How Large is 59 GREEN LANE?

59 GREEN LANE is 108m² according to the EPC inspection conducted in September 2013. 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 59 GREEN LANE lies on this distribution: 47% of detached houses houses are smaller than 59 GREEN LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Cowes.

59 GREEN LANE: Plot and Title Map

59 GREEN LANE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 59 GREEN LANE, 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 59 GREEN LANE). 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 59 GREEN LANE?

59 GREEN LANE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 59 on GREEN LANE.