9, PLACE ROAD, COWES, PO31 7UA - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 PLACE ROAD is a midsized extended detached house of 110m², built sometime between 1930 and 1949, which could now be worth an estimated £370,336. It was last sold for £365,000 in April 2022, which was around 9% below the average April 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

9 PLACE ROAD Sold Prices

Land registry data shows three sales for 9 PLACE ROAD 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. The three 9 PLACE ROAD sales were a mix of below the average price, and roughly equal to 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
2022 12 APR	£365,000	£401,250	9% below HPI
2017 16 JUN	£295,000	£294,728	Close to HPI
2016 22 JAN	£120,000	£282,420	58% below HPI

9 PLACE 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 three 9 PLACE ROAD sales between January 2016 and April 2022 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 June 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 9 PLACE ROAD be worth now?

9 PLACE ROAD might now be worth an estimated £370,336.

This is based on house price inflation of 1.5%, between April 2022 and February 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.5% inflationary increase is applied to the most recent sale price for 9 PLACE ROAD of £365,000 on 12th April 2022. For the value to have increased from £365,000 to £370,336 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 9 PLACE ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PLACE ROAD has not materially changed since April 2022.

How Large is 9 PLACE ROAD?

9 PLACE ROAD is 110m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of detached houses houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cowes, and where 9 PLACE ROAD lies on this distribution: 49% of detached houses houses are smaller than 9 PLACE ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Cowes.

9 PLACE ROAD: Plot and Title Map

9 PLACE ROAD sits on a plot of roughly 0.273 of an acre, or 1,104m². The below map shows the location of 9 PLACE 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 9 PLACE 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 9 PLACE ROAD?

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