8 Princes Esplanade, Cowes, PO31 8LE is a freehold detached property built in 2024. The property offers approximately 3,466 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £639,196 , which equates to approximately £184 per square foot. It was last sold on 18 Mar 2021 for £575,000. Since then, the value has increased by £64,196, representing a 11.2% increase, or approximately 2.3% per year.

The current estimated value of £639,196 is:

  • 6.3% lower than the average property price on Princes Esplanade
  • 10.4% lower than the average in the PO31 8LE postcode area
  • and 92.6% higher than the average price for Cowes as a whole

At the most recent EPC inspection on 12 June 2020, the property was recorded as owner-occupied.

View sold house prices in PO31 8LE

Building approximate location

About Property

Type
Detached House
Built
2024
Interior Size
3466 sq ft
Tenure
Freehold
Price (estimate)
£639,196
Price Per sq ft (estimate)
£184
Bedroom Count (estimate)
6 bedrooms

EPC Summary

8 Princes Esplanade, Cowes, Isle Of Wight, PO31 8LE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 13 Mar 2024.

This property uses a gas boiler with underfloor heating as its main heating source. It is connected to mains gas. Hot water is provided from main heating system. The windows are high performance glazing.

The previous EPC assessment was conducted on 12 Jun 2020, when the property was rated G. Since then, the rating has improved to B, with the energy efficiency score increasing by 325%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and underfloor heating, mains gas, improving energy efficiency from average to good.
  • The hot water energy efficiency improving from poor to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to average thermal transmittance 0.14 w/m-¦k, improving energy efficiency from good to very good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to average thermal transmittance 0.24 w/m-¦k, improving energy efficiency from poor to very good.
  • The windows were upgraded from single glazed to high performance glazing.
  • The lighting was updated from low energy lighting in 42% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and underfloor heating, mains gas
Good
Hot Water
From main system
Good
Floor
Average thermal transmittance 0.12 W/m-¦K
Very Good
Roof
Average thermal transmittance 0.14 W/m-¦K
Very Good
Walls
Average thermal transmittance 0.24 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO31 8LE

11 th / 17
Price Rank
10% lower than average
1 st / 9
Size Rank
129% bigger than average
9 th / 9
Price Per Sq FT Rank
61% lower than average

Compared to other properties in PO31 8LE , this house's estimated value ranks 11th out of 17. Based on price per square foot, it ranks 9th out of 9 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 9 properties in its postcode area.

Sale History

Today
£639,196
streetscan.co.uk estimate
+11 %
18 Mar 2021
£575,000
Leasehold

Area Insights

Similar Properties Sold Nearby

21 Princes Esplanade, Cowes, PO31 8LE
rooms: 8
size: 2971 sq ft
sale price: £1,150,000
sale date: 5 Jan 2022

Data Sources

The property at 8 Princes Esplanade, Cowes, Isle Of Wight, PO31 8LE appears once in the Land Registry records, with the transaction recorded on 18 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Mar 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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