16, PLACE SIDE, COWES, PO31 7BB - £182,500

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.

16 PLACE SIDE is a very small terraced house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £249,998. It was last sold for £182,500 in June 2016, which was around 21% above the average June 2016 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

16 PLACE SIDE Sold Prices

Land registry data shows two sales for 16 PLACE SIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 16 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
2016 2 JUN	£182,500	£150,906	21% above HPI
2007 13 DEC	£168,000	£147,766	14% above HPI

16 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 two 16 PLACE SIDE sales from December 2007 and June 2016 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 December 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2016 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 16 PLACE SIDE be worth now?

16 PLACE SIDE might now be worth an estimated £249,998.

This is based on house price inflation of 37%, between June 2016 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 37% inflationary increase is applied to the most recent sale price for 16 PLACE SIDE of £182,500 on 2nd June 2016. For the value to have increased from £182,500 to £249,998 over the ten years and three months to March 2026, the following assumptions must hold true:

• The value of 16 PLACE SIDE has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The June 2016 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 16 PLACE SIDE has not materially changed since June 2016.

How Large is 16 PLACE SIDE?

16 PLACE SIDE is 69m² according to the EPC inspection conducted in April 2016. 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 16 PLACE SIDE lies on this distribution: 12% of terraced houses houses are smaller than 16 PLACE SIDE, and 87% of houses are larger. Note that EPC data is not available for all properties in Cowes.

16 PLACE SIDE: Plot and Title Map

16 PLACE SIDE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 16 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 16 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 16 PLACE SIDE?

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