2, NUBIA CLOSE, COWES, PO31 8DH - £488,000

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 NUBIA CLOSE is a very large extended detached house of 183m², built sometime from 2007 onwards. It was last sold for £488,000 in October 2011, which was around 96% above the average October 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

2 NUBIA CLOSE Sold Prices

Land registry data shows four sales for 2 NUBIA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 2 NUBIA 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
2011 28 OCT	£488,000	£248,879	96% above HPI
2010 22 NOV	£442,000	£255,326	73% above HPI
2007 1 MAR	£365,000	£258,789	41% above HPI
1997 19 SEP	£125,000	£81,314	54% above HPI

2 NUBIA 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 four 2 NUBIA CLOSE sales between September 1997 and October 2011 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 2010 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the October 2011 sale, where it rises to 96% above the HPI. The line then continues to track at 96% above the HPI.

How Large is 2 NUBIA CLOSE?

2 NUBIA CLOSE is 183m², which includes two extensions, according to the EPC inspection conducted in June 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 2 NUBIA CLOSE lies on this distribution: 85% of detached houses are smaller than 2 NUBIA CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Cowes.

2 NUBIA CLOSE: Plot and Title Map

2 NUBIA CLOSE sits on a plot of roughly 0.125 of an acre, or 508m². The below map shows the location of 2 NUBIA 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 NUBIA 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 NUBIA CLOSE?

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