14, MARKET HILL, COWES, PO31 7TR - £256,000

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.

14 MARKET HILL is a very small terraced house of 74m², built sometime before 1900, which could now be worth an estimated £342,692. It was last sold for £256,000 in May 2018, which was around 60% above the average May 2018 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was D.

14 MARKET HILL Sold Prices

Land registry data shows three sales for 14 MARKET HILL 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 14 MARKET HILL 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
2018 18 MAY	£256,000	£159,874	60% above HPI
2005 12 AUG	£247,500	£126,598	96% above HPI
1996 8 MAR	£50,000	£35,208	42% above HPI

14 MARKET HILL 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 14 MARKET HILL sales between March 1996 and May 2018 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 August 2005 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the May 2018 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

What might 14 MARKET HILL be worth now?

14 MARKET HILL might now be worth an estimated £342,692.

This is based on house price inflation of 33.9%, between May 2018 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 33.9% inflationary increase is applied to the most recent sale price for 14 MARKET HILL of £256,000 on 18th May 2018. For the value to have increased from £256,000 to £342,692 over the six years and ten months to July 2025, the following assumptions must hold true:

• The value of 14 MARKET HILL has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The May 2018 sale price of £256,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MARKET HILL has not materially changed since May 2018.

How Large is 14 MARKET HILL?

14 MARKET HILL is 74m² according to the EPC inspection conducted in April 2010. 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 14 MARKET HILL lies on this distribution: 17% of terraced houses houses are smaller than 14 MARKET HILL, and 83% of houses are larger. Note that EPC data is not available for all properties in Cowes.

14 MARKET HILL: Plot and Title Map

14 MARKET HILL sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 14 MARKET HILL, 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 14 MARKET HILL). 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 14 MARKET HILL?

14 MARKET HILL is located in COWES, in the PO31 postcode district. The below map shows the position of No. 14 on MARKET HILL.