THE NOOK, MILLFIELD AVENUE, EAST COWES, PO32 6AR - £290,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE NOOK is a small semi-detached house of 79m², built sometime between 1950 and 1966. It was last sold for £290,000 in September 2022, which was around 32% below the average September 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

THE NOOK Sold Prices

Land registry data shows four sales for THE NOOK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four THE NOOK sales were 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
2022 14 SEP	£290,000	£426,553	32% below HPI
2018 4 APR	£250,000	£308,472	19% below HPI
2008 4 JAN	£239,950	£268,398	11% below HPI
1999 3 NOV	£80,000	£107,969	26% below HPI

THE NOOK 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 four THE NOOK sales between November 1999 and September 2022 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 April 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is THE NOOK?

THE NOOK is 79m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where THE NOOK lies on this distribution: 25% of detached houses are smaller than THE NOOK, and 73% of houses are larger. Note that EPC data is not available for all properties in East Cowes.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of THE NOOK, 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 NOOK). 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 NOOK?

THE NOOK is located on MILLFIELD AVENUE in EAST COWES, in the PO32 postcode district. The below map shows the position of THE NOOK on MILLFIELD AVENUE.