12, UNION ROAD, COWES, PO31 7TP - £358,000

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 UNION ROAD is a midsized extended terraced house of 108m², built sometime before 1900, which could now be worth an estimated £501,860. It was last sold for £358,000 in January 2017, which was around 134% above the average January 2017 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

12 UNION ROAD Sold Prices

Land registry data shows three sales for 12 UNION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. All of the three 12 UNION ROAD 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
2017 16 JAN	£358,000	£152,666	134% above HPI
2006 13 SEP	£337,500	£137,248	146% above HPI
2001 8 JAN	£137,500	£62,391	120% above HPI

12 UNION ROAD 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 three 12 UNION ROAD sales between January 2001 and January 2017 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 September 2006 sale was for 146% above the HPI. So the extrapolation line tracks at 146% above the HPI over time, until the January 2017 sale, where it falls to 134% above the HPI. The line then continues to track at 134% above the HPI.

What might 12 UNION ROAD be worth now?

12 UNION ROAD might now be worth an estimated £501,860.

This is based on house price inflation of 40.2%, between January 2017 and July 2025, 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 40.2% inflationary increase is applied to the most recent sale price for 12 UNION ROAD of £358,000 on 16th January 2017. For the value to have increased from £358,000 to £501,860 over the seven years and six months to July 2025, the following assumptions must hold true:

• The value of 12 UNION ROAD has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The January 2017 sale price of £358,000 represented a fair market value for the property.
• The size, condition, and specification of 12 UNION ROAD has not materially changed since January 2017.

How Large is 12 UNION ROAD?

12 UNION ROAD is 108m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the smallest 50% 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 UNION ROAD lies on this distribution: 48% of terraced houses houses are smaller than 12 UNION ROAD, and 52% of houses are larger. Note that EPC data is not available for all properties in Cowes.

12 UNION ROAD: Plot and Title Map

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

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