23, OAKS CLOSE, EAST COWES, PO32 6EH - £255,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 OAKS CLOSE is a midsized detached house of 95m², built sometime between 1976 and 1982. It was last sold for £255,000 in August 2016, which was around 13% below the average August 2016 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

23 OAKS CLOSE Sold Prices

Land registry data shows two sales for 23 OAKS CLOSE 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. One of the two 23 OAKS CLOSE sales was for below the average price, whilst the other was 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
2016 10 AUG	£255,000	£293,810	13% below HPI
1996 8 MAR	£78,750	£71,164	11% above HPI

23 OAKS 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 two 23 OAKS CLOSE sales from March 1996 and August 2016 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 March 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2016 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 23 OAKS CLOSE?

23 OAKS CLOSE is 95m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in East Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in East Cowes, and where 23 OAKS CLOSE lies on this distribution: 51% of detached houses are smaller than 23 OAKS CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in East Cowes.

23 OAKS CLOSE: Plot and Title Map

23 OAKS CLOSE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 23 OAKS 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 23 OAKS 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 23 OAKS CLOSE?

23 OAKS CLOSE is located in EAST COWES, in the PO32 postcode district. The below map shows the position of No. 23 on OAKS CLOSE.