8, CHARLES ROAD, COWES, PO31 8HG - £210,000

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

8 CHARLES ROAD is a very small extended detached house of 70m², built sometime between 1967 and 1975. It was last sold for £210,000 in June 2017, which was around 30% below the average June 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

8 CHARLES ROAD Sold Prices

Land registry data shows two sales for 8 CHARLES ROAD 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. Both of the two 8 CHARLES ROAD 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
2017 7 JUN	£210,000	£301,002	30% below HPI
2014 16 APR	£168,500	£262,645	36% below HPI

8 CHARLES 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 two 8 CHARLES ROAD sales from April 2014 and June 2017 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 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 CHARLES ROAD?

8 CHARLES ROAD is 70m², which includes one extension, according to the EPC inspection conducted in October 2012. 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 8 CHARLES ROAD lies on this distribution: 13% of detached houses are smaller than 8 CHARLES ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Cowes.

8 CHARLES ROAD: Plot and Title Map

8 CHARLES ROAD sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 8 CHARLES 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 8 CHARLES 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 8 CHARLES ROAD?

8 CHARLES ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 8 on CHARLES ROAD.