9, FIRS CLOSE, COWES, PO31 7NF - £195,000

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 FIRS CLOSE is a small detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £320,966. It was last sold for £195,000 in April 2011, which was around 21% below the average April 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

9 FIRS CLOSE Sold Prices

Land registry data shows two sales for 9 FIRS 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 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
2011 12 APR	£195,000	£247,340	21% below HPI
1996 29 MAR	£60,000	£69,680	14% below HPI

9 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 two 9 FIRS CLOSE sales from March 1996 and April 2011 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 March 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2011 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 9 FIRS CLOSE be worth now?

9 FIRS CLOSE might now be worth an estimated £320,966.

This is based on house price inflation of 64.6%, between April 2011 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 64.6% inflationary increase is applied to the most recent sale price for 9 FIRS CLOSE of £195,000 on 12th April 2011. For the value to have increased from £195,000 to £320,966 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 9 FIRS CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2011 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FIRS CLOSE has not materially changed since April 2011.

How Large is 9 FIRS CLOSE?

9 FIRS CLOSE is 94m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 40% 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 FIRS CLOSE lies on this distribution: 34% of detached houses houses are smaller than 9 FIRS CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Cowes.

9 FIRS CLOSE: Plot and Title Map

9 FIRS CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 9 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 9 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 9 FIRS CLOSE?

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