16, PINE TREE CLOSE, COWES, PO31 8DX - £365,000

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

16 PINE TREE CLOSE is a very large extended detached house of 178m², built sometime between 1996 and 2002. It was last sold for £365,000 in January 2004, which was around 74% above the average January 2004 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

16 PINE TREE CLOSE Sold Prices

Land registry data shows two sales for 16 PINE TREE 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 16 PINE TREE 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
2004 30 JAN	£365,000	£209,766	74% above HPI
1997 17 OCT	£116,370	£82,804	41% above HPI

16 PINE TREE 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 16 PINE TREE CLOSE sales from October 1997 and January 2004 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 October 1997 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the January 2004 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 16 PINE TREE CLOSE?

16 PINE TREE CLOSE is 178m², which includes one extension, according to the EPC inspection conducted in April 2010. This puts it in the largest 20% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 16 PINE TREE CLOSE lies on this distribution: 84% of detached houses are smaller than 16 PINE TREE CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Cowes.

16 PINE TREE CLOSE: Plot and Title Map

16 PINE TREE CLOSE sits on a plot of roughly 0.119 of an acre, or 482m². The below map shows the location of 16 PINE TREE 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 16 PINE TREE 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 16 PINE TREE CLOSE?

16 PINE TREE CLOSE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 16 on PINE TREE CLOSE.