LOBELIA COTTAGE, MAIN ROAD, WELLOW, YARMOUTH, PO41 0SZ - £263,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

LOBELIA COTTAGE is a small extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £263,000 in February 2015, which was around 1% below the average February 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2009, where the current energy rating was E, and the potential energy rating was D.

LOBELIA COTTAGE Sold Prices

Land registry data shows two sales for LOBELIA COTTAGE 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. One of the two LOBELIA COTTAGE sales was for below the average price, whilst the other was 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
2015 18 FEB	£263,000	£265,777	1% below HPI
2003 12 DEC	£228,200	£208,499	9% above HPI

LOBELIA COTTAGE 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 LOBELIA COTTAGE sales from December 2003 and February 2015 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 December 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2015 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is LOBELIA COTTAGE?

LOBELIA COTTAGE is 114m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the smallest 40% of detached houses in Wellow, based on EPC data. The below chart shows the distribution of detached houses by size in Wellow, and where LOBELIA COTTAGE lies on this distribution: 37% of detached houses are smaller than LOBELIA COTTAGE, and 63% of houses are larger. Note that EPC data is not available for all properties in Wellow.

LOBELIA COTTAGE: Plot and Title Map

LOBELIA COTTAGE sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of LOBELIA COTTAGE, 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 LOBELIA COTTAGE). 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 LOBELIA COTTAGE?

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