9, EDINBURGH CLOSE, COWES, PO31 8HF - £160,000

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.

9 EDINBURGH CLOSE is a small extended detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £285,604. It was last sold for £160,000 in February 2009, which was around 30% below the average February 2009 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

9 EDINBURGH CLOSE Sold Prices

Land registry data shows two sales for 9 EDINBURGH CLOSE 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 9 EDINBURGH 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
2009 20 FEB	£160,000	£228,073	30% below HPI
2002 14 JUN	£129,950	£158,650	18% below HPI

9 EDINBURGH 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 two 9 EDINBURGH CLOSE sales from June 2002 and February 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 June 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2009 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 9 EDINBURGH CLOSE be worth now?

9 EDINBURGH CLOSE might now be worth an estimated £285,604.

This is based on house price inflation of 78.5%, between February 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 78.5% inflationary increase is applied to the most recent sale price for 9 EDINBURGH CLOSE of £160,000 on 20th February 2009. For the value to have increased from £160,000 to £285,604 over the sixteen years to February 2025, the following assumptions must hold true:

• The value of 9 EDINBURGH CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2009 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 9 EDINBURGH CLOSE has not materially changed since February 2009.

How Large is 9 EDINBURGH CLOSE?

9 EDINBURGH CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 30% 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 9 EDINBURGH CLOSE lies on this distribution: 28% of detached houses houses are smaller than 9 EDINBURGH CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Cowes.

9 EDINBURGH CLOSE: Plot and Title Map

9 EDINBURGH CLOSE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 9 EDINBURGH 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 9 EDINBURGH 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 9 EDINBURGH CLOSE?

9 EDINBURGH CLOSE is located in COWES, in the PO31 postcode district. The below map shows the position of No. 9 on EDINBURGH CLOSE.