98, ALBERT WAY, EAST COWES, PO32 6GB - £295,000

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

98 ALBERT WAY is a midsized detached house of 92m², built sometime between 2007 and 2011. It was last sold for £295,000 in January 2019, which was around 10% below the average January 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

98 ALBERT WAY Sold Prices

Land registry data shows two sales for 98 ALBERT WAY 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 98 ALBERT WAY 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
2019 4 JAN	£295,000	£326,544	10% below HPI
2016 14 OCT	£280,000	£291,518	4% below HPI

98 ALBERT WAY 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 98 ALBERT WAY sales from October 2016 and January 2019 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 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2019 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 98 ALBERT WAY?

98 ALBERT WAY is 92m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 98 ALBERT WAY lies on this distribution: 47% of detached houses are smaller than 98 ALBERT WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in East Cowes.

98 ALBERT WAY: Plot and Title Map

98 ALBERT WAY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 98 ALBERT WAY, 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 98 ALBERT WAY). 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 98 ALBERT WAY?

98 ALBERT WAY is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 98 on ALBERT WAY.