Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
MIMOSA COTTAGE is a midsized detached house of 109m². It was last sold for £320,000 in May 2007, which was around 23% above the average May 2007 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for MIMOSA COTTAGE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the three MIMOSA COTTAGE 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 |
---|---|---|---|
2007 14 MAY | £320,000 | £259,555 | 23% above HPI |
2005 28 JAN | £240,000 | £236,552 | 1% above HPI |
2000 10 NOV | £137,500 | £132,709 | 4% above HPI |
The below graph shows the average detached house price in the Isle of Wight local authority area over time, sourced from the HPI. The three MIMOSA COTTAGE sales between November 2000 and May 2007 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 January 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2007 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.
MIMOSA COTTAGE is 109m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 50% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where MIMOSA COTTAGE lies on this distribution: 45% of detached houses are smaller than MIMOSA COTTAGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bembridge.
MIMOSA COTTAGE sits on a plot of roughly 0.077 of an acre, or 310m². 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.
MIMOSA COTTAGE is located on MITTEN ROAD in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of MIMOSA COTTAGE on MITTEN ROAD.