17, GREENWAYS, COWES, PO31 8AN - £280,000

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.

17 GREENWAYS is a small extended detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £363,720. It was last sold for £280,000 in July 2019, which was around 11% below the average July 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

17 GREENWAYS Sold Prices

Land registry data shows two sales for 17 GREENWAYS 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 17 GREENWAYS 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
2019 4 JUL	£280,000	£313,407	11% below HPI
2003 31 JAN	£150,000	£181,312	17% below HPI

17 GREENWAYS 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 17 GREENWAYS sales from January 2003 and July 2019 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 January 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 17 GREENWAYS be worth now?

17 GREENWAYS might now be worth an estimated £363,720.

This is based on house price inflation of 29.9%, between July 2019 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 29.9% inflationary increase is applied to the most recent sale price for 17 GREENWAYS of £280,000 on 4th July 2019. For the value to have increased from £280,000 to £363,720 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 17 GREENWAYS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GREENWAYS has not materially changed since July 2019.

How Large is 17 GREENWAYS?

17 GREENWAYS is 78m², which includes one extension, according to the EPC inspection conducted in February 2019. 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 17 GREENWAYS lies on this distribution: 20% of detached houses houses are smaller than 17 GREENWAYS, and 79% of houses are larger. Note that EPC data is not available for all properties in Cowes.

17 GREENWAYS: Plot and Title Map

17 GREENWAYS sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 17 GREENWAYS, 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 17 GREENWAYS). 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 17 GREENWAYS?

17 GREENWAYS is located in COWES, in the PO31 postcode district. The below map shows the position of No. 17 on GREENWAYS.