4, VELSHEDA VIEW, COWES, PO31 7FP - £190,000

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.

4 VELSHEDA VIEW is a small detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £306,537. It was last sold for £190,000 in August 2012, which was around 25% below the average August 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

4 VELSHEDA VIEW Sold Prices

Land registry data shows two sales for 4 VELSHEDA VIEW 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 4 VELSHEDA VIEW 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
2012 28 AUG	£190,000	£252,342	25% below HPI
2002 29 NOV	£141,500	£179,977	21% below HPI

4 VELSHEDA VIEW 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 4 VELSHEDA VIEW sales from November 2002 and August 2012 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 November 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 VELSHEDA VIEW be worth now?

4 VELSHEDA VIEW might now be worth an estimated £306,537.

This is based on house price inflation of 61.3%, between August 2012 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 61.3% inflationary increase is applied to the most recent sale price for 4 VELSHEDA VIEW of £190,000 on 28th August 2012. For the value to have increased from £190,000 to £306,537 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 4 VELSHEDA VIEW has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2012 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 4 VELSHEDA VIEW has not materially changed since August 2012.

How Large is 4 VELSHEDA VIEW?

4 VELSHEDA VIEW is 79m² according to the EPC inspection conducted in October 2020. 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 4 VELSHEDA VIEW lies on this distribution: 22% of detached houses houses are smaller than 4 VELSHEDA VIEW, and 77% of houses are larger. Note that EPC data is not available for all properties in Cowes.

4 VELSHEDA VIEW: Plot and Title Map

4 VELSHEDA VIEW sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 4 VELSHEDA VIEW, 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 VELSHEDA VIEW). 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 VELSHEDA VIEW?

4 VELSHEDA VIEW is located in COWES, in the PO31 postcode district. The below map shows the position of No. 4 on VELSHEDA VIEW.