2, SHORE PATH, COWES, PO31 8LL - £200,000

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.

2 SHORE PATH is a very small detached house of 31m², built sometime between 1950 and 1966, which could now be worth an estimated £224,156. It was last sold for £200,000 in November 2020, which was around 43% below the average November 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was C.

2 SHORE PATH Sold Prices

Land registry data shows three sales for 2 SHORE PATH 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 SHORE PATH 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
2020 27 NOV	£200,000	£353,880	43% below HPI
2001 24 OCT	£50,000	£139,672	64% below HPI
1995 31 OCT	£28,000	£67,969	59% below HPI

2 SHORE PATH 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 SHORE PATH sales between October 1995 and November 2020 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 2001 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the November 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 2 SHORE PATH be worth now?

2 SHORE PATH might now be worth an estimated £224,156.

This is based on house price inflation of 12.1%, between November 2020 and July 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 12.1% inflationary increase is applied to the most recent sale price for 2 SHORE PATH of £200,000 on 27th November 2020. For the value to have increased from £200,000 to £224,156 over the five years and four months to July 2025, the following assumptions must hold true:

• The value of 2 SHORE PATH has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHORE PATH has not materially changed since November 2020.

How Large is 2 SHORE PATH?

2 SHORE PATH is 31m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% 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 2 SHORE PATH lies on this distribution: Less than 1% of detached houses houses are smaller than 2 SHORE PATH, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Cowes.

2 SHORE PATH: Plot and Title Map

2 SHORE PATH sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 2 SHORE PATH, 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 SHORE PATH). 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 SHORE PATH?

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