8, COTTON CLOSE, COWES, PO31 7UG - £312,000

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

8 COTTON CLOSE is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £312,000 in October 2020, which was around 11% below the average October 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

8 COTTON CLOSE Sold Prices

Land registry data shows four sales for 8 COTTON 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. Most of the four 8 COTTON 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
2020 30 OCT	£312,000	£352,278	11% below HPI
2017 17 FEB	£275,000	£295,207	7% below HPI
2005 4 MAR	£245,000	£237,982	3% above HPI
2001 10 AUG	£134,950	£143,253	6% below HPI

8 COTTON 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 8 COTTON CLOSE sales between August 2001 and October 2020 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 February 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 8 COTTON CLOSE?

8 COTTON CLOSE is 98m² according to the EPC inspection conducted in August 2013. 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 8 COTTON CLOSE lies on this distribution: 38% of detached houses are smaller than 8 COTTON CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Cowes.

8 COTTON CLOSE: Plot and Title Map

8 COTTON CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 8 COTTON 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 8 COTTON 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 8 COTTON CLOSE?

8 COTTON CLOSE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 8 on COTTON CLOSE.