16, NELSON DRIVE, COWES, PO31 8QY - £140,000

16 NELSON DRIVE is a very small detached house of 45m², built sometime between 1996 and 2002. It was last sold for £140,000 in October 2017, which was around 55% below the average October 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

16 NELSON DRIVE Sold Prices

Land registry data shows two sales for 16 NELSON DRIVE since 1^st 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 16 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
2017 9 OCT	£140,000	£308,033	55% below HPI
1996 29 NOV	£45,000	£70,517	36% below HPI

16 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 two 16 NELSON DRIVE sales from November 1996 and October 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 November 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2017 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 16 NELSON DRIVE?

16 NELSON DRIVE is 45m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 16 NELSON DRIVE lies on this distribution: 1% of detached houses are smaller than 16 NELSON DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cowes.

16 NELSON DRIVE: Plot and Title Map

16 NELSON DRIVE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 16 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 16 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 16 NELSON DRIVE?

16 NELSON DRIVE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 16 on NELSON DRIVE.