9, GREEN LANE, COWES, PO31 8QG - £360,000

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

9 GREEN LANE is a large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £360,000 in August 2004, which was around 57% above the average August 2004 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

9 GREEN LANE Sold Prices

Land registry data shows four sales for 9 GREEN LANE 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. All of the four 9 GREEN LANE sales were 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
2004 31 AUG	£360,000	£229,466	57% above HPI
2003 27 OCT	£249,950	£198,359	26% above HPI
2003 12 AUG	£249,950	£203,162	23% above HPI
1997 8 MAY	£127,950	£76,595	67% above HPI

9 GREEN LANE 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 9 GREEN LANE sales between May 1997 and August 2004 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 2003 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2004 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is 9 GREEN LANE?

9 GREEN LANE is 142m² according to the EPC inspection conducted in November 2018. This puts it in the largest 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 9 GREEN LANE lies on this distribution: 70% of detached houses are smaller than 9 GREEN LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Cowes.

9 GREEN LANE: Plot and Title Map

9 GREEN LANE sits on a plot of roughly 0.237 of an acre, or 960m². The below map shows the location of 9 GREEN LANE, 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 9 GREEN LANE). 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 9 GREEN LANE?

9 GREEN LANE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 9 on GREEN LANE.