8, REYNOLDS CLOSE, COWES, PO31 7NT - £420,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 REYNOLDS CLOSE is a large detached house of 125m², built sometime between 1983 and 1990. It was last sold for £420,000 in June 2021, which was around 14% above the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 REYNOLDS CLOSE Sold Prices

Land registry data shows four sales for 8 REYNOLDS 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 REYNOLDS CLOSE 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
2021 28 JUN	£420,000	£369,466	14% above HPI
2018 14 SEP	£350,000	£318,215	10% above HPI
2016 30 SEP	£340,000	£295,772	15% above HPI
2001 15 AUG	£140,000	£143,253	2% below HPI

8 REYNOLDS 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 REYNOLDS CLOSE sales between August 2001 and June 2021 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 September 2018 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 8 REYNOLDS CLOSE?

8 REYNOLDS CLOSE is 125m² according to the EPC inspection conducted in April 2021. This puts it in the largest 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 REYNOLDS CLOSE lies on this distribution: 61% of detached houses are smaller than 8 REYNOLDS CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Cowes.

8 REYNOLDS CLOSE: Plot and Title Map

8 REYNOLDS CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 8 REYNOLDS 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 REYNOLDS 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 REYNOLDS CLOSE?

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