6, FIRS CLOSE, COWES, PO31 7NF - £170,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

6 FIRS CLOSE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £170,000 in December 2013, which was around 35% below the average December 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

6 FIRS CLOSE Sold Prices

Land registry data shows four sales for 6 FIRS CLOSE 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 6 FIRS CLOSE 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
2013 20 DEC	£170,000	£259,966	35% below HPI
2000 3 AUG	£92,000	£124,724	26% below HPI
1999 8 JAN	£73,500	£93,730	22% below HPI
1995 3 MAR	£55,000	£68,969	20% below HPI

6 FIRS 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 four 6 FIRS CLOSE sales between March 1995 and December 2013 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 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 FIRS CLOSE?

6 FIRS CLOSE is 56m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 6 FIRS CLOSE lies on this distribution: 4% of detached houses are smaller than 6 FIRS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Cowes.

6 FIRS CLOSE: Plot and Title Map

6 FIRS CLOSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 6 FIRS 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 6 FIRS 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 6 FIRS CLOSE?

6 FIRS CLOSE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 6 on FIRS CLOSE.