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

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

CRANBOURNE HOUSE is a very large detached house of 268m², built sometime between 1996 and 2002. It was last sold for £1,450,000 in September 2023, which was around 244% 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	£421,112	244% above HPI
2004 4 AUG	£755,000	£229,466	229% above HPI
2003 28 FEB	£575,000	£185,490	210% above HPI
2001 8 JAN	£225,000	£134,031	68% 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 229% above the HPI. So the extrapolation line tracks at 229% above the HPI over time, until the September 2023 sale, where it rises to 244% above the HPI. The line then continues to track at 244% above the HPI.

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 in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where CRANBOURNE HOUSE lies on this distribution: 97% of detached 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.