7, VENNER AVENUE, COWES, PO31 8AF - £195,000

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 VENNER AVENUE is a very small detached house of 73m², built sometime between 1950 and 1966. It was last sold for £195,000 in August 2011, which was around 21% below the average August 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

7 VENNER AVENUE Sold Prices

Land registry data shows three sales for 7 VENNER AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 7 VENNER AVENUE 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
2011 16 AUG	£195,000	£248,070	21% below HPI
2004 1 OCT	£184,000	£237,637	23% below HPI
1997 17 NOV	£63,500	£83,780	24% below HPI

7 VENNER AVENUE 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 three 7 VENNER AVENUE sales between November 1997 and August 2011 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 October 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2011 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 VENNER AVENUE?

7 VENNER AVENUE is 73m² according to the EPC inspection conducted in November 2010. 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 VENNER AVENUE lies on this distribution: 17% of detached houses are smaller than 7 VENNER AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Cowes.

7 VENNER AVENUE: Plot and Title Map

7 VENNER AVENUE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 7 VENNER 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 VENNER 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.

Where is 7 VENNER AVENUE?

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