242, PARK ROAD, COWES, PO31 7NQ - £257,500

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.

242 PARK ROAD is a midsized extended semi-detached house of 121m², built sometime before 1900, which could now be worth an estimated £419,798. It was last sold for £257,500 in April 2011, which was around 52% above the average April 2011 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

242 PARK ROAD Sold Prices

Land registry data shows five sales for 242 PARK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the five 242 PARK 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
2011 28 APR	£257,500	£169,749	52% above HPI
2006 4 DEC	£275,000	£175,123	57% above HPI
2006 15 FEB	£250,000	£162,681	54% above HPI
2000 8 MAY	£107,500	£73,967	45% above HPI
1997 1 JUL	£74,000	£50,025	48% above HPI

242 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The five 242 PARK ROAD sales between July 1997 and April 2011 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 2006 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the April 2011 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 242 PARK ROAD be worth now?

242 PARK ROAD might now be worth an estimated £419,798.

This is based on house price inflation of 63%, between April 2011 and July 2025, for semi-detached 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 63% inflationary increase is applied to the most recent sale price for 242 PARK ROAD of £257,500 on 28th April 2011. For the value to have increased from £257,500 to £419,798 over the thirteen years and nine months to July 2025, the following assumptions must hold true:

• The value of 242 PARK ROAD has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The April 2011 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 242 PARK ROAD has not materially changed since April 2011.

How Large is 242 PARK ROAD?

242 PARK ROAD is 121m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 50% of semi-detached houses houses in Cowes, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cowes, and where 242 PARK ROAD lies on this distribution: 58% of semi-detached houses houses are smaller than 242 PARK ROAD, and 41% of houses are larger. Note that EPC data is not available for all properties in Cowes.

242 PARK ROAD: Plot and Title Map

242 PARK ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 242 PARK 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 242 PARK 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 242 PARK ROAD?

242 PARK ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 242 on PARK ROAD.