MONTPELIER COTTAGE, CASTLE ROAD, COWES, PO31 7QY - £430,000

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

MONTPELIER COTTAGE is a midsized extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £430,000 in August 2007, which was around 63% above the average August 2007 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

MONTPELIER COTTAGE Sold Prices

Land registry data shows three sales for MONTPELIER COTTAGE 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. All of the three MONTPELIER COTTAGE 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
2007 14 AUG	£430,000	£263,269	63% above HPI
2004 14 JUL	£397,500	£224,612	77% above HPI
2003 28 NOV	£365,000	£204,988	78% above HPI

MONTPELIER COTTAGE 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 MONTPELIER COTTAGE sales between November 2003 and August 2007 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 July 2004 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the August 2007 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is MONTPELIER COTTAGE?

MONTPELIER COTTAGE is 105m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where MONTPELIER COTTAGE lies on this distribution: 45% of detached houses are smaller than MONTPELIER COTTAGE, and 54% of houses are larger. Note that EPC data is not available for all properties in Cowes.

MONTPELIER COTTAGE: Plot and Title Map

MONTPELIER COTTAGE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of MONTPELIER COTTAGE, 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 MONTPELIER COTTAGE). 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 MONTPELIER COTTAGE?

MONTPELIER COTTAGE is located on CASTLE ROAD in COWES, in the PO31 postcode district. The below map shows the position of MONTPELIER COTTAGE on CASTLE ROAD.