48, CROSSFIELD AVENUE, COWES, PO31 8HN - £247,500

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.

48 CROSSFIELD AVENUE is a midsized detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £433,080. It was last sold for £247,500 in July 2009, which was around 6% above the average July 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was C.

48 CROSSFIELD AVENUE Sold Prices

Land registry data shows two sales for 48 CROSSFIELD AVENUE 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 48 CROSSFIELD AVENUE 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
2009 22 JUL	£247,500	£232,662	6% above HPI
2005 22 JUL	£240,000	£227,716	5% above HPI

48 CROSSFIELD AVENUE 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 48 CROSSFIELD AVENUE sales from July 2005 and July 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 July 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2009 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 48 CROSSFIELD AVENUE be worth now?

48 CROSSFIELD AVENUE might now be worth an estimated £433,080.

This is based on house price inflation of 75%, between July 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 75% inflationary increase is applied to the most recent sale price for 48 CROSSFIELD AVENUE of £247,500 on 22nd July 2009. For the value to have increased from £247,500 to £433,080 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 48 CROSSFIELD AVENUE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2009 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 48 CROSSFIELD AVENUE has not materially changed since July 2009.

How Large is 48 CROSSFIELD AVENUE?

48 CROSSFIELD AVENUE is 111m² according to the EPC inspection conducted in April 2009. This puts it in the largest 50% 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 48 CROSSFIELD AVENUE lies on this distribution: 51% of detached houses houses are smaller than 48 CROSSFIELD AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Cowes.

48 CROSSFIELD AVENUE: Plot and Title Map

48 CROSSFIELD AVENUE sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 48 CROSSFIELD AVENUE, 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 48 CROSSFIELD AVENUE). 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 48 CROSSFIELD AVENUE?

48 CROSSFIELD AVENUE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 48 on CROSSFIELD AVENUE.