3, FELLOWS ROAD, COWES, PO31 7JN - £330,000

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.

3 FELLOWS ROAD is a midsized extended terraced house of 115m², built sometime before 1900, which could now be worth an estimated £363,649. It was last sold for £330,000 in July 2021, which was around 70% above the average July 2021 terraced price in the Isle of Wight local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

3 FELLOWS ROAD Sold Prices

Land registry data shows four sales for 3 FELLOWS ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Isle of Wight local authority area for the corresponding sale date. Most of the four 3 FELLOWS 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
2021 30 JUL	£330,000	£194,211	70% above HPI
2018 16 JUL	£270,000	£161,839	67% above HPI
2015 26 JUN	£125,000	£144,704	14% below HPI
1999 24 MAR	£64,000	£45,603	40% above HPI

3 FELLOWS 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 four 3 FELLOWS ROAD sales between March 1999 and July 2021 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 July 2018 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the July 2021 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 3 FELLOWS ROAD be worth now?

3 FELLOWS ROAD might now be worth an estimated £363,649.

This is based on house price inflation of 10.2%, between July 2021 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 10.2% inflationary increase is applied to the most recent sale price for 3 FELLOWS ROAD of £330,000 on 30th July 2021. For the value to have increased from £330,000 to £363,649 over the four years to July 2025, the following assumptions must hold true:

• The value of 3 FELLOWS ROAD has moved in line with the HPI for terraced houses in the Isle of Wight local authority area.
• The July 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FELLOWS ROAD has not materially changed since July 2021.

How Large is 3 FELLOWS ROAD?

3 FELLOWS ROAD is 115m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 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 3 FELLOWS ROAD lies on this distribution: 53% of terraced houses houses are smaller than 3 FELLOWS ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Cowes.

3 FELLOWS ROAD: Plot and Title Map

3 FELLOWS ROAD sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 3 FELLOWS 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 3 FELLOWS 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 3 FELLOWS ROAD?

3 FELLOWS ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 3 on FELLOWS ROAD.