SPENCERS MEAD, THREE GATES ROAD, COWES, PO31 7UH - £435,000

SPENCERS MEAD is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £435,000 in August 2023, which was around 2% above the average August 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

SPENCERS MEAD Sold Prices

Land registry data shows three sales for SPENCERS MEAD since 1^st 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 SPENCERS MEAD 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
2023 7 AUG	£435,000	£424,476	2% above HPI
2015 20 NOV	£365,000	£286,145	28% above HPI
2001 17 DEC	£185,000	£152,206	22% above HPI

SPENCERS MEAD 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 three SPENCERS MEAD sales between December 2001 and August 2023 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 November 2015 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the August 2023 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is SPENCERS MEAD?

SPENCERS MEAD is 127m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 40% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where SPENCERS MEAD lies on this distribution: 63% of detached houses are smaller than SPENCERS MEAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Cowes.

SPENCERS MEAD: Plot and Title Map

SPENCERS MEAD sits on a plot of roughly 0.290 of an acre, or 1,172m². The below map shows the location of SPENCERS MEAD, 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 SPENCERS MEAD). 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 SPENCERS MEAD?

SPENCERS MEAD is located on THREE GATES ROAD in COWES, in the PO31 postcode district. The below map shows the position of SPENCERS MEAD on THREE GATES ROAD.