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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MARINE VIEW CLOSE is a very large detached house of 211m². It was last sold for £880,000 in March 2017, which was around 194% 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	£299,115	194% above HPI
2002 8 MAY	£285,000	£158,527	80% above HPI
1998 28 MAY	£148,000	£85,414	73% 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 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the March 2017 sale, where it rises to 194% above the HPI. The line then continues to track at 194% above the HPI.

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 in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 1 MARINE VIEW CLOSE lies on this distribution: 91% of detached 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.