STANHOPE HOUSE, STANHOPE DRIVE, COWES, PO31 8BH - £1,200,000

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

STANHOPE HOUSE is a very large extended detached house of 202m², built sometime before 1900. It was last sold for £1,200,000 in May 2023, which was around 180% above the average May 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

STANHOPE HOUSE Sold Prices

Land registry data shows two sales for STANHOPE HOUSE 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 STANHOPE HOUSE 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
2023 11 MAY	£1,200,000	£428,324	180% above HPI
2008 15 JUL	£1,150,000	£267,443	330% above HPI

STANHOPE HOUSE 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 STANHOPE HOUSE sales from July 2008 and May 2023 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 2008 sale was for 330% above the HPI. So the extrapolation line tracks at 330% above the HPI over time, until the May 2023 sale, where it falls to 180% above the HPI. The line then continues to track at 180% above the HPI.

How Large is STANHOPE HOUSE?

STANHOPE HOUSE is 202m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where STANHOPE HOUSE lies on this distribution: 90% of detached houses are smaller than STANHOPE HOUSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Cowes.

STANHOPE HOUSE: Plot and Title Map

STANHOPE HOUSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of STANHOPE HOUSE, 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 STANHOPE HOUSE). 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 STANHOPE HOUSE?

STANHOPE HOUSE is located on STANHOPE DRIVE in COWES, in the PO31 postcode district. The below map shows the position of STANHOPE HOUSE on STANHOPE DRIVE.