THE CAUSEWAY, REW STREET, COWES, PO31 8NT - £950,000

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

THE CAUSEWAY is a very large extended detached house of 309m², built sometime between 1967 and 1975. It was last sold for £950,000 in April 2019, which was around 192% above the average April 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

THE CAUSEWAY Sold Prices

Land registry data shows two sales for THE CAUSEWAY 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 THE CAUSEWAY 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
2019 24 APR	£950,000	£325,120	192% above HPI
2012 7 DEC	£250,000	£247,284	1% above HPI

THE CAUSEWAY 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 THE CAUSEWAY sales from December 2012 and April 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 December 2012 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2019 sale, where it rises to 192% above the HPI. The line then continues to track at 192% above the HPI.

How Large is THE CAUSEWAY?

THE CAUSEWAY is 309m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 10% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where THE CAUSEWAY lies on this distribution: 99% of detached houses are smaller than THE CAUSEWAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Cowes.

THE CAUSEWAY: Plot and Title Map

THE CAUSEWAY sits on a plot of roughly 0.237 of an acre, or 959m². The below map shows the location of THE CAUSEWAY, 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 THE CAUSEWAY). 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 THE CAUSEWAY?

THE CAUSEWAY is located on REW STREET in COWES, in the PO31 postcode district. The below map shows the position of THE CAUSEWAY on REW STREET.