2, JORDAN CLOSE, COWES, PO31 8ED - £575,000

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

2 JORDAN CLOSE is a very large detached house of 175m², built sometime between 1950 and 1966. It was last sold for £575,000 in February 2024, which was around 38% above the average February 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

2 JORDAN CLOSE Sold Prices

Land registry data shows three sales for 2 JORDAN 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 2 JORDAN 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
2024 19 FEB	£575,000	£417,402	38% above HPI
2006 31 AUG	£325,000	£246,160	32% above HPI
1999 16 JUN	£118,000	£96,072	23% above HPI

2 JORDAN 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 2 JORDAN CLOSE sales between June 1999 and February 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 August 2006 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2024 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 2 JORDAN CLOSE?

2 JORDAN CLOSE is 175m² according to the EPC inspection conducted in November 2023. 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 2 JORDAN CLOSE lies on this distribution: 83% of detached houses are smaller than 2 JORDAN CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Cowes.

2 JORDAN CLOSE: Plot and Title Map

2 JORDAN CLOSE sits on a plot of roughly 0.179 of an acre, or 723m². The below map shows the location of 2 JORDAN 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 2 JORDAN 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 2 JORDAN CLOSE?

2 JORDAN CLOSE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 2 on JORDAN CLOSE.