7, THE SLIPWAY, COWES, PO31 7FD - £300,000

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

7 THE SLIPWAY is a midsized detached house of 101m², built sometime between 2003 and 2006. It was last sold for £300,000 in December 2020, which was around 19% below the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

7 THE SLIPWAY Sold Prices

Land registry data shows two sales for 7 THE SLIPWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. One of the two 7 THE SLIPWAY sales was for below the average price, whilst the other was 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
2020 8 DEC	£300,000	£368,126	19% below HPI
2005 18 FEB	£247,450	£238,248	4% above HPI

7 THE SLIPWAY 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 two 7 THE SLIPWAY sales from February 2005 and December 2020 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 February 2005 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 THE SLIPWAY?

7 THE SLIPWAY is 101m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 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 7 THE SLIPWAY lies on this distribution: 41% of detached houses are smaller than 7 THE SLIPWAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Cowes.

7 THE SLIPWAY: Plot and Title Map

7 THE SLIPWAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 7 THE SLIPWAY, 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 THE SLIPWAY). 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 THE SLIPWAY?

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