MIMOSA, SEAGROVE MANOR ROAD, SEAVIEW, PO34 5HW - £550,000

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 is a small detached house of 115m², built sometime between 1967 and 1975. It was last sold for £550,000 in December 2020, which was around 49% above the average December 2020 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

MIMOSA Sold Prices

Land registry data shows three sales for MIMOSA since 1^st 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 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 10 DEC	£550,000	£368,126	49% above HPI
2017 23 NOV	£462,500	£308,199	50% above HPI
2011 30 JUN	£380,000	£251,171	51% above HPI

MIMOSA 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 three MIMOSA sales between June 2011 and December 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 2017 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the December 2020 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is MIMOSA?

MIMOSA is 115m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses in Seaview, based on EPC data. The below chart shows the distribution of detached houses by size in Seaview, and where MIMOSA lies on this distribution: 27% of detached houses are smaller than MIMOSA, and 71% of houses are larger. Note that EPC data is not available for all properties in Seaview.

MIMOSA: Plot and Title Map

MIMOSA sits on a plot of roughly 0.137 of an acre, or 552m². The below map shows the location of MIMOSA, 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). 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?

MIMOSA is located on SEAGROVE MANOR ROAD in SEAVIEW, in the PO34 postcode district. The below map shows the position of MIMOSA on SEAGROVE MANOR ROAD.