1, CHURCHILL CLOSE, COWES, PO31 8HQ - £240,000

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

1 CHURCHILL CLOSE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £240,000 in August 2017, which was around 21% below the average August 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

1 CHURCHILL CLOSE Sold Prices

Land registry data shows two sales for 1 CHURCHILL CLOSE 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 CHURCHILL CLOSE 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
2017 4 AUG	£240,000	£303,260	21% below HPI
2016 18 MAR	£217,000	£289,611	25% below HPI

1 CHURCHILL CLOSE 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 CHURCHILL CLOSE sales from March 2016 and August 2017 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 March 2016 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 CHURCHILL CLOSE?

1 CHURCHILL CLOSE is 61m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 1 CHURCHILL CLOSE lies on this distribution: 6% of detached houses are smaller than 1 CHURCHILL CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cowes.

1 CHURCHILL CLOSE: Plot and Title Map

1 CHURCHILL CLOSE sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of 1 CHURCHILL CLOSE, 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 CHURCHILL CLOSE). 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 CHURCHILL CLOSE?

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