PHOENIX VILLA, SMITHARDS LANE, COWES, PO31 7PL - £247,500

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.

PHOENIX VILLA is a midsized extended detached house of 117m², built sometime between 1900 and 1929, which could now be worth an estimated £408,464. It was last sold for £247,500 in July 2011, which was about the average July 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

PHOENIX VILLA Sold Prices

Land registry data shows two sales for PHOENIX VILLA 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. One of the two PHOENIX VILLA sales was roughly equal to the average price, whilst the other was 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
2011 29 JUL	£247,500	£246,683	Close to HPI
2009 29 OCT	£195,000	£240,321	19% below HPI

PHOENIX VILLA 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 PHOENIX VILLA sales from October 2009 and July 2011 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 2009 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2011 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might PHOENIX VILLA be worth now?

PHOENIX VILLA might now be worth an estimated £408,464.

This is based on house price inflation of 65%, between July 2011 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 65% inflationary increase is applied to the most recent sale price for PHOENIX VILLA of £247,500 on 29th July 2011. For the value to have increased from £247,500 to £408,464 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of PHOENIX VILLA has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2011 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of PHOENIX VILLA has not materially changed since July 2011.

How Large is PHOENIX VILLA?

PHOENIX VILLA is 117m², which includes two extensions, according to the EPC inspection conducted in July 2010. This puts it in the largest 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 PHOENIX VILLA lies on this distribution: 56% of detached houses houses are smaller than PHOENIX VILLA, and 44% of houses are larger. Note that EPC data is not available for all properties in Cowes.

PHOENIX VILLA: Plot and Title Map

PHOENIX VILLA sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of PHOENIX VILLA, 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 PHOENIX VILLA). 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 PHOENIX VILLA?

PHOENIX VILLA is located on SMITHARDS LANE in COWES, in the PO31 postcode district. The below map shows the position of PHOENIX VILLA on SMITHARDS LANE.