12, PLACE SIDE, COWES, PO31 7BB - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 PLACE SIDE is a very small terraced house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £205,153. It was last sold for £170,000 in February 2020, which was around 1% below the average February 2020 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

12 PLACE SIDE Sold Prices

Land registry data shows four sales for 12 PLACE SIDE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. Most of the four 12 PLACE SIDE 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
2020 7 FEB	£170,000	£171,298	1% below HPI
2006 12 APR	£145,000	£130,286	11% above HPI
2000 25 OCT	£65,000	£59,307	10% above HPI
1997 15 AUG	£44,000	£38,709	14% above HPI

12 PLACE SIDE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Isle of Wight local authority area over time, sourced from the HPI. The four 12 PLACE SIDE sales between August 1997 and February 2020 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 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 12 PLACE SIDE be worth now?

12 PLACE SIDE might now be worth an estimated £205,153.

This is based on house price inflation of 20.7%, between February 2020 and March 2026, for terraced houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.7% inflationary increase is applied to the most recent sale price for 12 PLACE SIDE of £170,000 on 7th February 2020. For the value to have increased from £170,000 to £205,153 over the five years and eleven months to March 2026, the following assumptions must hold true:

• The value of 12 PLACE SIDE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The February 2020 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PLACE SIDE has not materially changed since February 2020.

How Large is 12 PLACE SIDE?

12 PLACE SIDE is 71m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% of terraced houses houses in Cowes, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cowes, and where 12 PLACE SIDE lies on this distribution: 14% of terraced houses houses are smaller than 12 PLACE SIDE, and 86% of houses are larger. Note that EPC data is not available for all properties in Cowes.

12 PLACE SIDE: Plot and Title Map

12 PLACE SIDE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 12 PLACE SIDE, 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 12 PLACE SIDE). 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 12 PLACE SIDE?

12 PLACE SIDE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 12 on PLACE SIDE.