62, GRANVILLE ROAD, COWES, PO31 7JF - £168,000

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

62 GRANVILLE ROAD is a very small extended semi-detached house of 75m², built sometime between 1900 and 1929. It was last sold for £168,000 in April 2013, which was around 31% below the average April 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

62 GRANVILLE ROAD Sold Prices

Land registry data shows three sales for 62 GRANVILLE 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. All of the three 62 GRANVILLE ROAD sales were for below 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
2013 12 APR	£168,000	£243,296	31% below HPI
2004 9 JUL	£167,000	£224,612	26% below HPI
2003 17 SEP	£102,000	£198,537	49% below HPI

62 GRANVILLE 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 62 GRANVILLE ROAD sales between September 2003 and April 2013 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 July 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2013 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 62 GRANVILLE ROAD?

62 GRANVILLE ROAD is 75m², which includes one extension, according to the EPC inspection conducted in November 2010. 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 62 GRANVILLE ROAD lies on this distribution: 18% of detached houses are smaller than 62 GRANVILLE ROAD, and 82% of houses are larger. Note that EPC data is not available for all properties in Cowes.

62 GRANVILLE ROAD: Plot and Title Map

62 GRANVILLE ROAD sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 62 GRANVILLE 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 62 GRANVILLE 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 62 GRANVILLE ROAD?

62 GRANVILLE ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 62 on GRANVILLE ROAD.