MIMOSA LODGE, 59, BARING ROAD, COWES, PO31 8DW - £1,275,000

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

MIMOSA LODGE is a very large detached house of 224m², built sometime between 1930 and 1949. It was last sold for £1,275,000 in May 2021, which was around 249% above the average May 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2020, where the current energy rating was F, and the potential energy rating was C.

MIMOSA LODGE Sold Prices

Land registry data shows two sales for MIMOSA LODGE 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 MIMOSA LODGE 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
2021 14 MAY	£1,275,000	£365,654	249% above HPI
2012 7 AUG	£810,000	£257,714	214% above HPI

MIMOSA LODGE 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 MIMOSA LODGE sales from August 2012 and May 2021 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 2012 sale was for 214% above the HPI. So the extrapolation line tracks at 214% above the HPI over time, until the May 2021 sale, where it rises to 249% above the HPI. The line then continues to track at 249% above the HPI.

How Large is MIMOSA LODGE?

MIMOSA LODGE is 224m² according to the EPC inspection conducted in October 2020. This puts it in the largest 10% of detached houses in Cowes, based on EPC data. The below chart shows the distribution of detached houses by size in Cowes, and where MIMOSA LODGE lies on this distribution: 93% of detached houses are smaller than MIMOSA LODGE, and 7% of houses are larger. Note that EPC data is not available for all properties in Cowes.

MIMOSA LODGE: Plot and Title Map

MIMOSA LODGE sits on a plot of roughly 0.546 of an acre, or 2,209m². The below map shows the location of MIMOSA LODGE, 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 LODGE). 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 LODGE?

MIMOSA LODGE is located on BARING ROAD in COWES, in the PO31 postcode district. The below map shows the position of MIMOSA LODGE on BARING ROAD.