48, MOUNTFIELD ROAD, WROXALL, VENTNOR, PO38 3BX - £178,000

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.

48 MOUNTFIELD ROAD is a small semi-detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £227,521. It was last sold for £178,000 in December 2019, which was around 20% below the average December 2019 semi-detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

48 MOUNTFIELD ROAD Sold Prices

Land registry data shows three sales for 48 MOUNTFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three 48 MOUNTFIELD ROAD sales were for below 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
2019 5 DEC	£178,000	£223,101	20% below HPI
2019 31 MAY	£134,000	£216,592	38% below HPI
1996 4 JUN	£42,500	£44,948	5% below HPI

48 MOUNTFIELD ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three 48 MOUNTFIELD ROAD sales between June 1996 and December 2019 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 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 48 MOUNTFIELD ROAD be worth now?

48 MOUNTFIELD ROAD might now be worth an estimated £227,521.

This is based on house price inflation of 27.8%, between December 2019 and February 2025, for semi-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 27.8% inflationary increase is applied to the most recent sale price for 48 MOUNTFIELD ROAD of £178,000 on 5th December 2019. For the value to have increased from £178,000 to £227,521 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 48 MOUNTFIELD ROAD has moved in line with the HPI for semi-detached houses in the Isle of Wight local authority area.
• The December 2019 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 48 MOUNTFIELD ROAD has not materially changed since December 2019.

How Large is 48 MOUNTFIELD ROAD?

48 MOUNTFIELD ROAD is 81m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of semi-detached houses houses in Wroxall, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Wroxall, and where 48 MOUNTFIELD ROAD lies on this distribution: 37% of semi-detached houses houses are smaller than 48 MOUNTFIELD ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Wroxall.

48 MOUNTFIELD ROAD: Plot and Title Map

48 MOUNTFIELD ROAD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 48 MOUNTFIELD ROAD, 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 48 MOUNTFIELD ROAD). 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 48 MOUNTFIELD ROAD?

48 MOUNTFIELD ROAD is located in WROXALL, in the PO38 postcode district. The below map shows the position of No. 48 on MOUNTFIELD ROAD.