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
65 GREEN LANE is a midsized detached house of 111m², built sometime between 1991 and 1995. It was last sold for £540,000 in September 2023, which was around 28% above the average September 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 65 GREEN LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 65 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 |
---|---|---|---|
2023 28 SEP | £540,000 | £421,112 | 28% above HPI |
2021 24 MAR | £378,000 | £364,254 | 4% above HPI |
2018 6 JUL | £339,500 | £312,782 | 9% above HPI |
2003 7 JAN | £230,000 | £185,172 | 24% above HPI |
1998 2 OCT | £115,000 | £92,955 | 24% above HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The five 65 GREEN LANE sales between October 1998 and September 2023 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 2021 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2023 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.
65 GREEN LANE is 111m² according to the EPC inspection conducted in January 2018. This puts it in the largest 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 65 GREEN LANE lies on this distribution: 50% of detached houses are smaller than 65 GREEN LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Cowes.
65 GREEN LANE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 65 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 65 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.
65 GREEN LANE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 65 on GREEN LANE.