7, FAIRLEAD ROAD, COWES, PO31 7FH - £410,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 FAIRLEAD ROAD is a small detached house of 92m², built sometime between 2003 and 2006. It was last sold for £410,000 in July 2024, which was around 2% above the average July 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

7 FAIRLEAD ROAD Sold Prices

Land registry data shows four sales for 7 FAIRLEAD ROAD 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. two of the four 7 FAIRLEAD ROAD sales were for above the average price, and four 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
2024 30 JUL	£410,000	£403,847	2% above HPI
2022 14 APR	£405,000	£409,792	1% below HPI
2014 17 JAN	£247,500	£260,353	5% below HPI
2004 23 FEB	£230,000	£208,348	10% above HPI

7 FAIRLEAD 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 four 7 FAIRLEAD ROAD sales between February 2004 and July 2024 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 April 2022 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 7 FAIRLEAD ROAD?

7 FAIRLEAD ROAD is 92m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 40% 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 FAIRLEAD ROAD lies on this distribution: 33% of detached houses are smaller than 7 FAIRLEAD ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Cowes.

7 FAIRLEAD ROAD: Plot and Title Map

7 FAIRLEAD ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 7 FAIRLEAD 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 7 FAIRLEAD 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 7 FAIRLEAD ROAD?

7 FAIRLEAD ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 7 on FAIRLEAD ROAD.