The intensity of a wave is defined as the power per unit area, and it is given by the formula:
\[
I = \frac{P}{A}
\]
where \( I \) is the intensity, \( P \) is the power of the wave, and \( A \) is the area over which the power is distributed.
Given that:
- Power \( P = 1 \) watt
- Area \( A = 200 \) m\(^2\)
Substituting the values into the formula:
\[
I = \frac{1}{200} = 0.005 \text{ watts per square meter (W/m}^2\text{)}
\]
Thus, the intensity of the wave is \( 0.005 \) W/m\(^2\).