7, VEREKER DRIVE, EAST COWES, PO32 6QD - £185,000

7 VEREKER DRIVE is a small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £185,000 in November 2013, which was around 29% below the average November 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

7 VEREKER DRIVE Sold Prices

Land registry data shows two sales for 7 VEREKER 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 7 VEREKER 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
2013 28 NOV	£185,000	£259,215	29% below HPI
1998 26 FEB	£64,500	£82,939	22% below HPI

7 VEREKER 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 7 VEREKER DRIVE sales from February 1998 and November 2013 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 February 1998 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2013 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 VEREKER DRIVE?

7 VEREKER DRIVE is 81m² according to the EPC inspection conducted in June 2013. 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 7 VEREKER DRIVE lies on this distribution: 30% of detached houses are smaller than 7 VEREKER DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in East Cowes.

7 VEREKER DRIVE: Plot and Title Map

7 VEREKER DRIVE sits on a plot of roughly 0.141 of an acre, or 569m². The below map shows the location of 7 VEREKER 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 7 VEREKER 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 7 VEREKER DRIVE?

7 VEREKER DRIVE is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 7 on VEREKER DRIVE.