6, GREEN LANE, COWES, PO31 8QG - £270,000

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

6 GREEN LANE is a small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £270,000 in July 2015, which was around 2% below the average July 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

6 GREEN LANE Sold Prices

Land registry data shows four sales for 6 GREEN LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the four 6 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
2015 3 JUL	£270,000	£274,939	2% below HPI
2001 6 NOV	£150,000	£146,015	3% above HPI
1999 8 APR	£115,000	£96,363	19% above HPI
1998 4 DEC	£110,000	£94,612	16% above HPI

6 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 four 6 GREEN LANE sales between December 1998 and July 2015 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 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2015 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 6 GREEN LANE?

6 GREEN LANE is 83m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 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 6 GREEN LANE lies on this distribution: 27% of detached houses are smaller than 6 GREEN LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Cowes.

6 GREEN LANE: Plot and Title Map

6 GREEN LANE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 6 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 6 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 6 GREEN LANE?

6 GREEN LANE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 6 on GREEN LANE.