23, GREENWAYS, COWES, PO31 8AN - £291,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

23 GREENWAYS is a very small semi-detached house of 61m², built sometime between 1967 and 1975. It was last sold for £291,000 in August 2023, which was around 31% below the average August 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

23 GREENWAYS Sold Prices

Land registry data shows two sales for 23 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 23 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
2023 25 AUG	£291,000	£421,947	31% below HPI
2015 22 OCT	£158,000	£286,326	45% below HPI

23 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 23 GREENWAYS sales from October 2015 and August 2023 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 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 23 GREENWAYS?

23 GREENWAYS is 61m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 23 GREENWAYS lies on this distribution: 6% of detached houses are smaller than 23 GREENWAYS, and 93% of houses are larger. Note that EPC data is not available for all properties in Cowes.

23 GREENWAYS: Plot and Title Map

23 GREENWAYS sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 23 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 23 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 23 GREENWAYS?

23 GREENWAYS is located in COWES, in the PO31 postcode district. The below map shows the position of No. 23 on GREENWAYS.