WELLOW HOUSE, MAIN ROAD, WELLOW, YARMOUTH, PO41 0SZ - £480,000

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.

WELLOW HOUSE is a midsized extended detached house of 141m², built sometime before 1900, which could now be worth an estimated £768,322. It was last sold for £480,000 in February 2011, which was around 89% above the average February 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2009, where the current energy rating was F, and the potential energy rating was E.

WELLOW HOUSE Sold Prices

Land registry data shows two sales for WELLOW HOUSE 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 WELLOW HOUSE 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
2011 28 FEB	£480,000	£254,341	89% above HPI
2002 1 MAR	£325,000	£144,411	125% above HPI

WELLOW HOUSE 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 WELLOW HOUSE sales from March 2002 and February 2011 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 March 2002 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the February 2011 sale, where it falls to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might WELLOW HOUSE be worth now?

WELLOW HOUSE might now be worth an estimated £768,322.

This is based on house price inflation of 60.1%, between February 2011 and February 2025, 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 60.1% inflationary increase is applied to the most recent sale price for WELLOW HOUSE of £480,000 on 28th February 2011. For the value to have increased from £480,000 to £768,322 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of WELLOW HOUSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2011 sale price of £480,000 represented a fair market value for the property.
• The size, condition, and specification of WELLOW HOUSE has not materially changed since February 2011.

How Large is WELLOW HOUSE?

WELLOW HOUSE is 141m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the largest 50% of detached houses houses in Wellow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellow, and where WELLOW HOUSE lies on this distribution: 57% of detached houses houses are smaller than WELLOW HOUSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Wellow.

WELLOW HOUSE: Plot and Title Map

WELLOW HOUSE sits on a plot of roughly 0.754 of an acre, or 3,050m². The below map shows the location of WELLOW HOUSE, 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 WELLOW HOUSE). 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 WELLOW HOUSE?

WELLOW HOUSE is located on MAIN ROAD in WELLOW, in the PO41 postcode district. The below map shows the position of WELLOW HOUSE on MAIN ROAD.