3, GURNARD HEIGHTS, COWES, PO31 8EF - £477,500

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.

3 GURNARD HEIGHTS is a small detached house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £545,680. It was last sold for £477,500 in February 2021, which was around 34% above the average February 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

3 GURNARD HEIGHTS Sold Prices

Land registry data shows two sales for 3 GURNARD HEIGHTS 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 3 GURNARD HEIGHTS 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
2021 4 FEB	£477,500	£356,249	34% above HPI
2009 31 JUL	£356,000	£232,662	53% above HPI

3 GURNARD HEIGHTS 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 3 GURNARD HEIGHTS sales from July 2009 and February 2021 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 July 2009 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2021 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 3 GURNARD HEIGHTS be worth now?

3 GURNARD HEIGHTS might now be worth an estimated £545,680.

This is based on house price inflation of 14.3%, between February 2021 and February 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 14.3% inflationary increase is applied to the most recent sale price for 3 GURNARD HEIGHTS of £477,500 on 4th February 2021. For the value to have increased from £477,500 to £545,680 over the four years to February 2025, the following assumptions must hold true:

• The value of 3 GURNARD HEIGHTS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2021 sale price of £477,500 represented a fair market value for the property.
• The size, condition, and specification of 3 GURNARD HEIGHTS has not materially changed since February 2021.

How Large is 3 GURNARD HEIGHTS?

3 GURNARD HEIGHTS is 78m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 30% 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 3 GURNARD HEIGHTS lies on this distribution: 20% of detached houses houses are smaller than 3 GURNARD HEIGHTS, and 80% of houses are larger. Note that EPC data is not available for all properties in Cowes.

3 GURNARD HEIGHTS: Plot and Title Map

3 GURNARD HEIGHTS sits on a plot of roughly 0.157 of an acre, or 637m². The below map shows the location of 3 GURNARD HEIGHTS, 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 3 GURNARD HEIGHTS). 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 3 GURNARD HEIGHTS?

3 GURNARD HEIGHTS is located in COWES, in the PO31 postcode district. The below map shows the position of No. 3 on GURNARD HEIGHTS.