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
VALE HOUSE is a small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £660,000 in October 2011, which was around 165% above the average October 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for VALE HOUSE since 1st 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 VALE 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 |
---|---|---|---|
2011 14 OCT | £660,000 | £248,879 | 165% above HPI |
2004 1 APR | £499,950 | £212,531 | 135% above HPI |
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 VALE HOUSE sales from April 2004 and October 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 April 2004 sale was for 135% above the HPI. So the extrapolation line tracks at 135% above the HPI over time, until the October 2011 sale, where it rises to 165% above the HPI. The line then continues to track at 165% above the HPI.
VALE HOUSE is 81m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 30% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where VALE HOUSE lies on this distribution: 24% of detached houses are smaller than VALE HOUSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Cowes.
VALE HOUSE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of VALE 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 VALE 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.
VALE HOUSE is located on STANHOPE DRIVE in COWES, in the PO31 postcode district. The below map shows the position of VALE HOUSE on STANHOPE DRIVE.