MIMOSA, COLWELL ROAD, TOTLAND BAY, PO39 0AH - £500,000

MIMOSA is a very large detached house of 225m², built sometime between 1900 and 1929. It was last sold for £500,000 in May 2013, which was around 106% above the average May 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2011, where the current energy rating was E, and the potential energy rating was D.

MIMOSA Sold Prices

Land registry data shows two sales for MIMOSA 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. Both of the two MIMOSA 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
2013 28 MAY	£500,000	£243,197	106% above HPI
2008 19 MAY	£390,000	£262,403	49% above HPI

MIMOSA 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 two MIMOSA sales from May 2008 and May 2013 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 May 2008 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the May 2013 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is MIMOSA?

MIMOSA is 225m² according to the EPC inspection conducted in January 2011. This puts it in the largest 10% of detached houses in Colwell, based on EPC data. The below chart shows the distribution of detached houses by size in Colwell, and where MIMOSA lies on this distribution: 96% of detached houses are smaller than MIMOSA, and 4% of houses are larger. Note that EPC data is not available for all properties in Colwell.

MIMOSA: Plot and Title Map

MIMOSA sits on a plot of roughly 0.302 of an acre, or 1,224m². The below map shows the location of MIMOSA, 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 MIMOSA). 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 MIMOSA?

MIMOSA is located on COLWELL ROAD in TOTLAND BAY, in the PO39 postcode district. The below map shows the position of MIMOSA on COLWELL ROAD.