MIDWAY, TUTTONS HILL, COWES, PO31 8JA - £605,000

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

MIDWAY is a large extended detached house of 133m², built sometime between 1900 and 1929. It was last sold for £605,000 in January 2010, which was around 141% above the average January 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

MIDWAY Sold Prices

Land registry data shows two sales for MIDWAY 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 MIDWAY 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
2010 29 JAN	£605,000	£251,088	141% above HPI
2008 20 MAR	£310,000	£262,770	18% above HPI

MIDWAY 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 MIDWAY sales from March 2008 and January 2010 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 March 2008 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2010 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

How Large is MIDWAY?

MIDWAY is 133m², which includes one extension, according to the EPC inspection conducted in June 2009. 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 MIDWAY lies on this distribution: 67% of detached houses are smaller than MIDWAY, and 33% of houses are larger. Note that EPC data is not available for all properties in Cowes.

MIDWAY: Plot and Title Map

MIDWAY sits on a plot of roughly 0.295 of an acre, or 1,193m². The below map shows the location of MIDWAY, 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 MIDWAY). 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 MIDWAY?

MIDWAY is located on TUTTONS HILL in COWES, in the PO31 postcode district. The below map shows the position of MIDWAY on TUTTONS HILL.