2, VELSHEDA VIEW, COWES, PO31 7FP - £420,000

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.

2 VELSHEDA VIEW is a midsized extended detached house of 113m², built sometime between 1996 and 2002, which could now be worth an estimated £400,939. It was last sold for £420,000 in December 2024, which was around 4% above the average December 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

2 VELSHEDA VIEW Sold Prices

Land registry data shows six sales for 2 VELSHEDA VIEW since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. The six 2 VELSHEDA VIEW sales were a mix of above the average price, roughly equal to the average price, and 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
2024 6 DEC	£420,000	£404,537	4% above HPI
2019 5 AUG	£300,000	£319,511	6% below HPI
2016 12 APR	£265,000	£282,834	6% below HPI
2010 30 APR	£247,500	£248,723	Close to HPI
2004 2 SEP	£219,000	£224,602	2% below HPI
2002 8 NOV	£187,500	£179,977	4% above HPI

2 VELSHEDA VIEW 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 six 2 VELSHEDA VIEW sales between November 2002 and December 2024 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 2019 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2024 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 VELSHEDA VIEW be worth now?

2 VELSHEDA VIEW might now be worth an estimated £400,939.

This is based on house price deflation of 4.5%, between December 2024 and June 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 4.5% deflationary decrease is applied to the most recent sale price for 2 VELSHEDA VIEW of £420,000 on 6th December 2024. For the value to have decreased from £420,000 to £400,939 over the one year and six months to June 2025, the following assumptions must hold true:

• The value of 2 VELSHEDA VIEW has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2024 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VELSHEDA VIEW has not materially changed since December 2024.

How Large is 2 VELSHEDA VIEW?

2 VELSHEDA VIEW is 113m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 50% 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 2 VELSHEDA VIEW lies on this distribution: 52% of detached houses houses are smaller than 2 VELSHEDA VIEW, and 48% of houses are larger. Note that EPC data is not available for all properties in Cowes.

2 VELSHEDA VIEW: Plot and Title Map

2 VELSHEDA VIEW sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 2 VELSHEDA VIEW, 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 VELSHEDA VIEW). 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 VELSHEDA VIEW?

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