HIGHFIELD, MAIN ROAD, WELLOW, YARMOUTH, PO41 0TD - £600,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

HIGHFIELD is a large detached house of 141m², built sometime between 1991 and 1995, which could now be worth an estimated £742,048. It was last sold for £600,000 in February 2020, which was around 85% above the average February 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

HIGHFIELD Sold Prices

Land registry data shows two sales for HIGHFIELD 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 HIGHFIELD 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
2020 28 FEB	£600,000	£324,297	85% above HPI
2015 3 NOV	£570,000	£280,180	103% above HPI

HIGHFIELD 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 HIGHFIELD sales from November 2015 and February 2020 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 November 2015 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the February 2020 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might HIGHFIELD be worth now?

HIGHFIELD might now be worth an estimated £742,048.

This is based on house price inflation of 23.7%, between February 2020 and December 2024, 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 23.7% inflationary increase is applied to the most recent sale price for HIGHFIELD of £600,000 on 28th February 2020. For the value to have increased from £600,000 to £742,048 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of HIGHFIELD has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2020 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of HIGHFIELD has not materially changed since February 2020.

How Large is HIGHFIELD?

HIGHFIELD is 141m² according to the EPC inspection conducted in July 2011. This puts it in the largest 40% 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 HIGHFIELD lies on this distribution: 60% of detached houses houses are smaller than HIGHFIELD, and 40% of houses are larger. Note that EPC data is not available for all properties in Wellow.

HIGHFIELD: Plot and Title Map

HIGHFIELD sits on a plot of roughly 0.395 of an acre, or 1,597m². The below map shows the location of HIGHFIELD, 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 HIGHFIELD). 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 HIGHFIELD?

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