2, GREENWAYS, COWES, PO31 8AN - £315,000

2 GREENWAYS is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £315,000 in December 2023, which was around 25% below the average December 2023 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

2 GREENWAYS Sold Prices

Land registry data shows two sales for 2 GREENWAYS 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 2 GREENWAYS 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
2023 6 DEC	£315,000	£422,697	25% below HPI
2005 15 APR	£170,000	£236,958	28% below HPI

2 GREENWAYS 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 2 GREENWAYS sales from April 2005 and December 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 April 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2023 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 GREENWAYS?

2 GREENWAYS is 83m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 30% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where 2 GREENWAYS lies on this distribution: 27% of detached houses are smaller than 2 GREENWAYS, and 72% of houses are larger. Note that EPC data is not available for all properties in Cowes.

2 GREENWAYS: Plot and Title Map

2 GREENWAYS sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 2 GREENWAYS, 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 2 GREENWAYS). 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 2 GREENWAYS?

2 GREENWAYS is located in COWES, in the PO31 postcode district. The below map shows the position of No. 2 on GREENWAYS.