13, SPINNAKER CLOSE, COWES, PO31 7FJ - £245,000

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.

13 SPINNAKER CLOSE is a detached house, which could now be worth an estimated £368,486. It was last sold for £245,000 in July 2007, which was around 3% below the average July 2007 detached price in the Isle of Wight local authority area.

13 SPINNAKER CLOSE Sold Prices

Land registry data shows two sales for 13 SPINNAKER CLOSE 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. One of the two 13 SPINNAKER CLOSE sales was for below the average price, whilst the other was 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
2007 6 JUL	£245,000	£253,773	3% below HPI
2004 4 JUN	£224,995	£216,466	4% above HPI

What might 13 SPINNAKER CLOSE be worth now?

13 SPINNAKER CLOSE might now be worth an estimated £368,486.

This is based on house price inflation of 50.4%, between July 2007 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 50.4% inflationary increase is applied to the most recent sale price for 13 SPINNAKER CLOSE of £245,000 on 6th July 2007. For the value to have increased from £245,000 to £368,486 over the nineteen years and four months to March 2026, the following assumptions must hold true:

• The value of 13 SPINNAKER CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The July 2007 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 13 SPINNAKER CLOSE has not materially changed since July 2007.

Where is 13 SPINNAKER CLOSE?

13 SPINNAKER CLOSE is located in COWES, in the PO31 postcode district.