4, PINE TREE CLOSE, COWES, PO31 8DX - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 PINE TREE CLOSE is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £360,000 in October 2014, which was around 33% above the average October 2014 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.

4 PINE TREE CLOSE Sold Prices

Land registry data shows three sales for 4 PINE TREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 4 PINE TREE CLOSE 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
2014 31 OCT	£360,000	£271,407	33% above HPI
2014 29 AUG	£365,000	£265,613	37% above HPI
2010 4 JUN	£330,000	£251,182	31% above HPI

4 PINE TREE 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 three 4 PINE TREE CLOSE sales between June 2010 and October 2014 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 August 2014 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2014 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 4 PINE TREE CLOSE?

4 PINE TREE CLOSE is 88m² according to the EPC inspection conducted in March 2009. 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 4 PINE TREE CLOSE lies on this distribution: 31% of detached houses are smaller than 4 PINE TREE CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Cowes.

4 PINE TREE CLOSE: Plot and Title Map

4 PINE TREE CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 4 PINE TREE 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 4 PINE TREE 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 4 PINE TREE CLOSE?

4 PINE TREE CLOSE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 4 on PINE TREE CLOSE.