At least the mighty ORG understands?!

Originally Posted by -Ralph-

Had you bought in early 2008 and sold in 2011, you'd have lost a hell of a lot more because you'd have paid more for the house, but had you sold in early 2008 you'd have made a mint.

Damn straight!
First hand experience of both the good and the bad on this front!
While I rented the missus bought her first house in 2002. Near Halifax centre it was a 2 bed terrace with a little garden to the front costing her £32,000.00 she took out an interest only mortgage on it paying £250 a month.
For us to buy our first joint home she sold this property in December of 2007 for £97,000.00 having spent £5000 on a new bathroom and kitchen.

Unfortunately that meant we bought at the "worst time possible". We paid £144,000.00 for a 3 Bed semi with off street parking and small garden to the rear. The house was £30,000.00 under value due to incomplete works (owner was renovating it as a money maker but then went through a divorce so it had to go). We lived in it and completed the works from 2007 until August this year we spent £25,000.00 finishing off the renovation work.
We sold it for £140,000.00, we lost £30,000.00 on that house buying at the worst possible time and selling again at the worst possible time.

So to read between the lines...
Housing market over 2 consecutive 5 year periods: Gain 65k then loose £30k you're still £35k up, as has been said - No brainer.

[tonyk]

OP,
If you sell your bike now, if you’re not in dire straits then as in my case it took over 10 years to justify getting another bike, unless you need it to commute then you’ll never have a just case to buy a bike just for fun.
Imoho I would keep hold of the bike for as long as I can, sorn it in the mean time if need be.