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

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 is a small detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £621,201. It was last sold for £550,000 in December 2020, which was around 53% 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	£360,453	53% above HPI
2017 23 NOV	£462,500	£301,775	53% above HPI
2011 30 JUN	£380,000	£245,935	55% 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 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the December 2020 sale, which was also at 53% above the HPI.

What might MIMOSA be worth now?

MIMOSA might now be worth an estimated £621,201.

This is based on house price inflation of 12.9%, between December 2020 and February 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 12.9% inflationary increase is applied to the most recent sale price for MIMOSA of £550,000 on 10th December 2020. For the value to have increased from £550,000 to £621,201 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of MIMOSA has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The December 2020 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of MIMOSA has not materially changed since December 2020.

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 houses in Seaview, based on EPC data. The below chart shows the distribution of detached houses houses by size in Seaview, and where MIMOSA lies on this distribution: 27% of detached houses 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 0.136 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.