31, GREENWAYS, COWES, PO31 8AN - £202,000

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.

31 GREENWAYS is a small detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £334,776. It was last sold for £202,000 in November 2009, which was around 18% below the average November 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

31 GREENWAYS Sold Prices

Land registry data shows two sales for 31 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 31 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
2009 30 NOV	£202,000	£245,649	18% below HPI
2009 14 APR	£169,000	£226,059	25% below HPI

31 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 31 GREENWAYS sales from April 2009 and November 2009 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 April 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2009 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 31 GREENWAYS be worth now?

31 GREENWAYS might now be worth an estimated £334,776.

This is based on house price inflation of 65.7%, between November 2009 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 65.7% inflationary increase is applied to the most recent sale price for 31 GREENWAYS of £202,000 on 30th November 2009. For the value to have increased from £202,000 to £334,776 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 31 GREENWAYS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2009 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 31 GREENWAYS has not materially changed since November 2009.

How Large is 31 GREENWAYS?

31 GREENWAYS is 94m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% 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 31 GREENWAYS lies on this distribution: 35% of detached houses houses are smaller than 31 GREENWAYS, and 65% of houses are larger. Note that EPC data is not available for all properties in Cowes.

31 GREENWAYS: Plot and Title Map

31 GREENWAYS sits on a plot of roughly 0.136 of an acre, or 552m². The below map shows the location of 31 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 31 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 31 GREENWAYS?

31 GREENWAYS is located in COWES, in the PO31 postcode district. The below map shows the position of No. 31 on GREENWAYS.