1, NELSON DRIVE, COWES, PO31 8QX - £196,000

1 NELSON DRIVE is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £196,000 in October 2019, which was around 41% below the average October 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

1 NELSON DRIVE Sold Prices

Land registry data shows three sales for 1 NELSON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 1 NELSON DRIVE 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
2019 29 OCT	£196,000	£330,575	41% below HPI
2004 19 MAR	£149,950	£210,671	29% below HPI
1998 23 DEC	£73,500	£94,612	22% below HPI

1 NELSON DRIVE 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 three 1 NELSON DRIVE sales between December 1998 and October 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 March 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 1 NELSON DRIVE?

1 NELSON DRIVE is 67m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 1 NELSON DRIVE lies on this distribution: 11% of detached houses are smaller than 1 NELSON DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cowes.

1 NELSON DRIVE: Plot and Title Map

1 NELSON DRIVE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 1 NELSON DRIVE, 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 1 NELSON DRIVE). 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 1 NELSON DRIVE?

1 NELSON DRIVE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 1 on NELSON DRIVE.