MIMOSA COTTAGE, HIGH STREET, WHITWELL, VENTNOR, PO38 2PZ - £225,000

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.

MIMOSA COTTAGE is a large detached house of 121m², built sometime between 2003 and 2006, which could now be worth an estimated £375,919. It was last sold for £225,000 in March 2012, which was around 7% below the average March 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

MIMOSA COTTAGE Sold Prices

Land registry data shows six sales for MIMOSA COTTAGE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the six MIMOSA COTTAGE 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
2012 23 MAR	£225,000	£241,025	7% below HPI
2007 3 AUG	£268,000	£257,781	4% above HPI
2004 1 JUL	£237,000	£219,930	8% above HPI
2002 23 MAY	£118,000	£155,222	24% below HPI
2000 31 AUG	£88,000	£122,124	28% below HPI
1999 15 NOV	£95,000	£105,718	10% below HPI

MIMOSA 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 six MIMOSA COTTAGE sales between November 1999 and March 2012 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 August 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2012 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might MIMOSA COTTAGE be worth now?

MIMOSA COTTAGE might now be worth an estimated £375,919.

This is based on house price inflation of 67.1%, between March 2012 and March 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 67.1% inflationary increase is applied to the most recent sale price for MIMOSA COTTAGE of £225,000 on 23rd March 2012. For the value to have increased from £225,000 to £375,919 over the thirteen years to March 2025, the following assumptions must hold true:

• The value of MIMOSA COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2012 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of MIMOSA COTTAGE has not materially changed since March 2012.

How Large is MIMOSA COTTAGE?

MIMOSA COTTAGE is 121m² according to the EPC inspection conducted in November 2010. This puts it in the largest 30% of detached houses houses in Whitwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whitwell, and where MIMOSA COTTAGE lies on this distribution: 73% of detached houses houses are smaller than MIMOSA COTTAGE, and 27% of houses are larger. Note that EPC data is not available for all properties in Whitwell.

MIMOSA COTTAGE: Plot and Title Map

MIMOSA COTTAGE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of MIMOSA 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 MIMOSA 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 MIMOSA COTTAGE?

MIMOSA COTTAGE is located on HIGH STREET in WHITWELL, in the PO38 postcode district. The below map shows the position of MIMOSA COTTAGE on HIGH STREET.