8, BAY VIEW ROAD, COWES, PO31 8JF - £365,000

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.

8 BAY VIEW ROAD is a small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £385,095. It was last sold for £365,000 in June 2021, which was around 1% above the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

8 BAY VIEW ROAD Sold Prices

Land registry data shows four sales for 8 BAY VIEW ROAD 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. Most of the four 8 BAY VIEW ROAD 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
2021 16 JUN	£365,000	£361,764	1% above HPI
2005 23 SEP	£210,000	£232,606	10% below HPI
1999 29 JAN	£94,000	£91,777	2% above HPI
1998 31 JUL	£89,950	£86,539	4% above HPI

8 BAY VIEW ROAD 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 8 BAY VIEW ROAD sales between July 1998 and June 2021 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 September 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 BAY VIEW ROAD be worth now?

8 BAY VIEW ROAD might now be worth an estimated £385,095.

This is based on house price inflation of 5.5%, between June 2021 and March 2026, 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 5.5% inflationary increase is applied to the most recent sale price for 8 BAY VIEW ROAD of £365,000 on 16th June 2021. For the value to have increased from £365,000 to £385,095 over the five years and three months to March 2026, the following assumptions must hold true:

• The value of 8 BAY VIEW ROAD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BAY VIEW ROAD has not materially changed since June 2021.

How Large is 8 BAY VIEW ROAD?

8 BAY VIEW ROAD is 82m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% 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 8 BAY VIEW ROAD lies on this distribution: 25% of detached houses houses are smaller than 8 BAY VIEW ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Cowes.

8 BAY VIEW ROAD: Plot and Title Map

8 BAY VIEW ROAD sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 8 BAY VIEW ROAD, 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 8 BAY VIEW ROAD). 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 8 BAY VIEW ROAD?

8 BAY VIEW ROAD is located in COWES, in the PO31 postcode district. The below map shows the position of No. 8 on BAY VIEW ROAD.