1, MARINE VIEW CLOSE, COWES, PO31 8BU - £880,000

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 MARINE VIEW CLOSE is a very large detached house of 211m², which could now be worth an estimated £1,223,238. It was last sold for £880,000 in March 2017, which was around 200% above the average March 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was B.

1 MARINE VIEW CLOSE Sold Prices

Land registry data shows three sales for 1 MARINE VIEW CLOSE 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 1 MARINE VIEW CLOSE 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
2017 31 MAR	£880,000	£292,880	200% above HPI
2002 8 MAY	£285,000	£155,222	84% above HPI
1998 28 MAY	£148,000	£83,633	77% above HPI

1 MARINE VIEW 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 three 1 MARINE VIEW CLOSE sales between May 1998 and March 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 May 2002 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the March 2017 sale, where it rises to 200% above the HPI. The line then continues to track at 200% above the HPI.

What might 1 MARINE VIEW CLOSE be worth now?

1 MARINE VIEW CLOSE might now be worth an estimated £1,223,238.

This is based on house price inflation of 39%, between March 2017 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 39% inflationary increase is applied to the most recent sale price for 1 MARINE VIEW CLOSE of £880,000 on 31st March 2017. For the value to have increased from £880,000 to £1,223,238 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 1 MARINE VIEW CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2017 sale price of £880,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARINE VIEW CLOSE has not materially changed since March 2017.

How Large is 1 MARINE VIEW CLOSE?

1 MARINE VIEW CLOSE is 211m² according to the EPC inspection conducted in February 2016. This puts it in the largest 10% 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 MARINE VIEW CLOSE lies on this distribution: 91% of detached houses houses are smaller than 1 MARINE VIEW CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Cowes.

1 MARINE VIEW CLOSE: Plot and Title Map

1 MARINE VIEW CLOSE sits on a plot of roughly 0.132 of an acre, or 535m². The below map shows the location of 1 MARINE VIEW 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 MARINE VIEW 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 MARINE VIEW CLOSE?

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