40, GREENWAYS, COWES, PO31 8AN - £325,000

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.

40 GREENWAYS is a small detached house of 99m², built sometime between 1996 and 2002, which could now be worth an estimated £334,131. It was last sold for £325,000 in May 2024, which was around 16% below the average May 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

40 GREENWAYS Sold Prices

Land registry data shows three sales for 40 GREENWAYS 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. Two of the three 40 GREENWAYS sales were for below the average price, whilst one was 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
2024 9 MAY	£325,000	£385,782	16% below HPI
2023 23 AUG	£330,000	£413,152	20% below HPI
1998 24 NOV	£99,200	£93,063	7% above HPI

40 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 three 40 GREENWAYS sales between November 1998 and May 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 August 2023 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2024 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 40 GREENWAYS be worth now?

40 GREENWAYS might now be worth an estimated £334,131.

This is based on house price inflation of 2.8%, between May 2024 and July 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 2.8% inflationary increase is applied to the most recent sale price for 40 GREENWAYS of £325,000 on 9th May 2024. For the value to have increased from £325,000 to £334,131 over the ten months to July 2025, the following assumptions must hold true:

• The value of 40 GREENWAYS has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The May 2024 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 40 GREENWAYS has not materially changed since May 2024.

How Large is 40 GREENWAYS?

40 GREENWAYS is 99m² according to the EPC inspection conducted in August 2022. 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 40 GREENWAYS lies on this distribution: 39% of detached houses houses are smaller than 40 GREENWAYS, and 60% of houses are larger. Note that EPC data is not available for all properties in Cowes.

40 GREENWAYS: Plot and Title Map

40 GREENWAYS sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 40 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 40 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 40 GREENWAYS?

40 GREENWAYS is located in COWES, in the PO31 postcode district. The below map shows the position of No. 40 on GREENWAYS.