SEA REACH, JORDAN CLOSE, COWES, PO31 8ED - £279,950

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.

SEA REACH is a small detached house of 96m², built sometime between 1996 and 2002, which could now be worth an estimated £455,883. It was last sold for £279,950 in November 2010, which was around 12% above the average November 2010 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2014, where the current energy rating was A, and the potential energy rating was A.

SEA REACH Sold Prices

Land registry data shows two sales for SEA REACH 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 SEA REACH 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
2010 22 NOV	£279,950	£250,003	12% above HPI
2009 27 NOV	£250,000	£245,649	2% above HPI

SEA REACH 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 SEA REACH sales from November 2009 and November 2010 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 November 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2010 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might SEA REACH be worth now?

SEA REACH might now be worth an estimated £455,883.

This is based on house price inflation of 62.8%, between November 2010 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 62.8% inflationary increase is applied to the most recent sale price for SEA REACH of £279,950 on 22nd November 2010. For the value to have increased from £279,950 to £455,883 over the fifteen years and nine months to February 2025, the following assumptions must hold true:

• The value of SEA REACH has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2010 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of SEA REACH has not materially changed since November 2010.

How Large is SEA REACH?

SEA REACH is 96m² according to the EPC inspection conducted in June 2014. 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 SEA REACH lies on this distribution: 36% of detached houses houses are smaller than SEA REACH, and 63% of houses are larger. Note that EPC data is not available for all properties in Cowes.

SEA REACH: Plot and Title Map

SEA REACH sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of SEA REACH, 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 SEA REACH). 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 SEA REACH?

SEA REACH is located on JORDAN CLOSE in COWES, in the PO31 postcode district. The below map shows the position of SEA REACH on JORDAN CLOSE.