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 ROSETTA DRIVE is a small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £377,500 in October 2023, which was around 11% below the average October 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 7 ROSETTA DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the six 7 ROSETTA DRIVE 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 |
---|---|---|---|
2023 24 OCT | £377,500 | £423,038 | 11% below HPI |
2020 23 JUL | £309,000 | £336,017 | 8% below HPI |
2011 19 OCT | £244,500 | £248,879 | 2% below HPI |
2009 7 AUG | £225,000 | £235,539 | 4% below HPI |
2005 10 MAR | £235,000 | £237,982 | 1% below HPI |
1999 26 FEB | £94,500 | £91,913 | 3% 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 six 7 ROSETTA DRIVE sales between February 1999 and October 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 July 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
7 ROSETTA DRIVE is 85m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 7 ROSETTA DRIVE lies on this distribution: 38% of detached houses are smaller than 7 ROSETTA DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in East Cowes.
7 ROSETTA DRIVE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 7 ROSETTA DRIVE, 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 ROSETTA DRIVE). 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 ROSETTA DRIVE is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 7 on ROSETTA DRIVE.