38, GREENWAYS, COWES, PO31 8AN - £257,000

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

38 GREENWAYS is a small semi-detached house of 89m², built sometime between 1996 and 2002. It was last sold for £257,000 in April 2024, which was around 35% below the average April 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

38 GREENWAYS Sold Prices

Land registry data shows four sales for 38 GREENWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 38 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
2024 8 APR	£257,000	£395,047	35% below HPI
2021 30 MAR	£230,000	£364,254	37% below HPI
2017 11 APR	£190,000	£299,614	37% below HPI
1998 14 DEC	£69,950	£94,613	26% below HPI

38 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 four 38 GREENWAYS sales between December 1998 and April 2024 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 2021 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2024 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 38 GREENWAYS?

38 GREENWAYS is 89m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 40% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 38 GREENWAYS lies on this distribution: 31% of detached houses are smaller than 38 GREENWAYS, and 68% of houses are larger. Note that EPC data is not available for all properties in Cowes.

38 GREENWAYS: Plot and Title Map

38 GREENWAYS sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 38 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 38 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 38 GREENWAYS?

38 GREENWAYS is located in COWES, in the PO31 postcode district. The below map shows the position of No. 38 on GREENWAYS.