10, THE RIDGE, COWES, PO31 8QN - £415,000

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.

10 THE RIDGE is a small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £424,680. It was last sold for £415,000 in November 2024, which was around 4% above the average November 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

10 THE RIDGE Sold Prices

Land registry data shows eight sales for 10 THE RIDGE since 1^st January 1995. The below table shows the price paid for the eight sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the eight 10 THE RIDGE 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
2024 29 NOV	£415,000	£397,836	4% above HPI
2017 17 NOV	£266,000	£301,775	12% below HPI
2008 29 FEB	£240,000	£260,641	8% below HPI
2005 12 SEP	£206,000	£232,606	11% below HPI
2004 23 JAN	£180,000	£205,394	12% below HPI
1999 12 JAN	£84,500	£91,777	8% below HPI
1997 24 OCT	£76,950	£81,078	5% below HPI
1996 25 MAR	£58,950	£69,680	15% below HPI

10 THE RIDGE 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 eight 10 THE RIDGE sales between March 1996 and November 2024 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 November 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 10 THE RIDGE be worth now?

10 THE RIDGE might now be worth an estimated £424,680.

This is based on house price inflation of 2.3%, between November 2024 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 2.3% inflationary increase is applied to the most recent sale price for 10 THE RIDGE of £415,000 on 29th November 2024. For the value to have increased from £415,000 to £424,680 over the one year and nine months to February 2025, the following assumptions must hold true:

• The value of 10 THE RIDGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2024 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 10 THE RIDGE has not materially changed since November 2024.

How Large is 10 THE RIDGE?

10 THE RIDGE is 81m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% 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 10 THE RIDGE lies on this distribution: 24% of detached houses houses are smaller than 10 THE RIDGE, and 75% of houses are larger. Note that EPC data is not available for all properties in Cowes.

10 THE RIDGE: Plot and Title Map

10 THE RIDGE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 10 THE RIDGE, 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 10 THE RIDGE). 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 10 THE RIDGE?

10 THE RIDGE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 10 on THE RIDGE.