CRANBOURNE HOUSE, EGYPT HILL, COWES, PO31 8BP - £1,450,000

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.

CRANBOURNE HOUSE is a very large detached house of 268m², built sometime between 1996 and 2002, which could now be worth an estimated £1,430,842. It was last sold for £1,450,000 in September 2023, which was around 251% above the average September 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

CRANBOURNE HOUSE Sold Prices

Land registry data shows four sales for CRANBOURNE HOUSE 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 CRANBOURNE HOUSE 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
2023 26 SEP	£1,450,000	£412,567	251% above HPI
2004 4 AUG	£755,000	£224,683	236% above HPI
2003 28 FEB	£575,000	£181,623	217% above HPI
2001 8 JAN	£225,000	£131,237	71% above HPI

CRANBOURNE HOUSE 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 CRANBOURNE HOUSE sales between January 2001 and September 2023 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 2004 sale was for 236% above the HPI. So the extrapolation line tracks at 236% above the HPI over time, until the September 2023 sale, where it rises to 251% above the HPI. The line then continues to track at 251% above the HPI.

What might CRANBOURNE HOUSE be worth now?

CRANBOURNE HOUSE might now be worth an estimated £1,430,842.

This is based on house price deflation of 1.3%, between September 2023 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 1.3% deflationary decrease is applied to the most recent sale price for CRANBOURNE HOUSE of £1,450,000 on 26th September 2023. For the value to have decreased from £1,450,000 to £1,430,842 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of CRANBOURNE HOUSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2023 sale price of £1,450,000 represented a fair market value for the property.
• The size, condition, and specification of CRANBOURNE HOUSE has not materially changed since September 2023.

How Large is CRANBOURNE HOUSE?

CRANBOURNE HOUSE is 268m² according to the EPC inspection conducted in November 2022. This puts it in the largest 10% 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 CRANBOURNE HOUSE lies on this distribution: 97% of detached houses houses are smaller than CRANBOURNE HOUSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Cowes.

CRANBOURNE HOUSE: Plot and Title Map

CRANBOURNE HOUSE sits on a plot of roughly 0.307 of an acre, or 1,242m². The below map shows the location of CRANBOURNE HOUSE, 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 CRANBOURNE HOUSE). 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 CRANBOURNE HOUSE?

CRANBOURNE HOUSE is located on EGYPT HILL in COWES, in the PO31 postcode district. The below map shows the position of CRANBOURNE HOUSE on EGYPT HILL.