Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
31A OSBORNE HEIGHTS is a small semi-detached house of 82m², built sometime between 2003 and 2006. It was last sold for £174,330 in February 2021, which was around 52% below the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 31A OSBORNE HEIGHTS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 31A OSBORNE HEIGHTS 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 |
---|---|---|---|
2021 22 FEB | £174,330 | £363,833 | 52% below HPI |
2019 30 AUG | £216,500 | £326,313 | 34% below HPI |
2005 30 JUN | £205,000 | £233,958 | 12% below HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three 31A OSBORNE HEIGHTS sales between June 2005 and February 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 August 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2021 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.
31A OSBORNE HEIGHTS is 82m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 31A OSBORNE HEIGHTS lies on this distribution: 33% of detached houses are smaller than 31A OSBORNE HEIGHTS, and 65% of houses are larger. Note that EPC data is not available for all properties in East Cowes.
31A OSBORNE HEIGHTS sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 31A OSBORNE HEIGHTS, 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 31A OSBORNE HEIGHTS). 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.
31A OSBORNE HEIGHTS is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 31A on OSBORNE HEIGHTS.