1, ADMIRAL WAY, COWES, PO31 7FL - £250,000

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.

1 ADMIRAL WAY is a small detached house of 93m², built sometime between 1996 and 2002, which could now be worth an estimated £410,810. It was last sold for £250,000 in October 2012, which was around 1% above the average October 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

1 ADMIRAL WAY Sold Prices

Land registry data shows two sales for 1 ADMIRAL WAY 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 1 ADMIRAL WAY 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
2012 1 OCT	£250,000	£247,752	1% above HPI
2003 14 FEB	£186,000	£181,623	2% above HPI

1 ADMIRAL WAY 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 1 ADMIRAL WAY sales from February 2003 and October 2012 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 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2012 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 1 ADMIRAL WAY be worth now?

1 ADMIRAL WAY might now be worth an estimated £410,810.

This is based on house price inflation of 64.3%, between October 2012 and February 2025, for detached 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 64.3% inflationary increase is applied to the most recent sale price for 1 ADMIRAL WAY of £250,000 on 1st October 2012. For the value to have increased from £250,000 to £410,810 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 ADMIRAL WAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2012 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ADMIRAL WAY has not materially changed since October 2012.

How Large is 1 ADMIRAL WAY?

1 ADMIRAL WAY is 93m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cowes, and where 1 ADMIRAL WAY lies on this distribution: 33% of detached houses houses are smaller than 1 ADMIRAL WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Cowes.

1 ADMIRAL WAY: Plot and Title Map

1 ADMIRAL WAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 1 ADMIRAL WAY, 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 1 ADMIRAL WAY). 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 1 ADMIRAL WAY?

1 ADMIRAL WAY is located in COWES, in the PO31 postcode district. The below map shows the position of No. 1 on ADMIRAL WAY.