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
7 CORONATION AVENUE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £290,000 in June 2021, which was around 22% below the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 CORONATION AVENUE since 1st 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. The four 7 CORONATION AVENUE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2021 2 JUN | £290,000 | £369,466 | 22% below HPI |
2018 2 NOV | £223,000 | £319,862 | 30% below HPI |
1996 31 DEC | £71,500 | £71,212 | Close to HPI |
1995 23 AUG | £44,000 | £69,856 | 37% below 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 four 7 CORONATION AVENUE sales between August 1995 and June 2021 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 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
7 CORONATION AVENUE is 73m² according to the EPC inspection conducted in August 2018. 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 7 CORONATION AVENUE lies on this distribution: 16% of detached houses are smaller than 7 CORONATION AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Cowes.
7 CORONATION AVENUE sits on a plot of roughly 0.134 of an acre, or 541m². The below map shows the location of 7 CORONATION AVENUE, 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 7 CORONATION AVENUE). 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.
7 CORONATION AVENUE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 7 on CORONATION AVENUE.