MOUNT PLACE, MAIN ROAD, WELLOW, YARMOUTH, PO41 0TD - £660,000

MOUNT PLACE is a large extended detached house of 178m², built sometime between 1900 and 1929. It was last sold for £660,000 in July 2017, which was around 119% above the average July 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

MOUNT PLACE Sold Prices

Land registry data shows two sales for MOUNT PLACE 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 MOUNT PLACE 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
2017 21 JUL	£660,000	£301,332	119% above HPI
2013 27 SEP	£400,000	£255,877	56% above HPI

MOUNT PLACE 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 MOUNT PLACE sales from September 2013 and July 2017 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 September 2013 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the July 2017 sale, where it rises to 119% above the HPI. The line then continues to track at 119% above the HPI.

How Large is MOUNT PLACE?

MOUNT PLACE is 178m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the largest 30% of detached houses in Wellow, based on EPC data. The below chart shows the distribution of detached houses by size in Wellow, and where MOUNT PLACE lies on this distribution: 73% of detached houses are smaller than MOUNT PLACE, and 27% of houses are larger. Note that EPC data is not available for all properties in Wellow.

MOUNT PLACE: Plot and Title Map

MOUNT PLACE sits on a plot of roughly 0.443 of an acre, or 1,793m². The below map shows the location of MOUNT PLACE, 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 MOUNT PLACE). 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 MOUNT PLACE?

MOUNT PLACE is located on MAIN ROAD in WELLOW, in the PO41 postcode district. The below map shows the position of MOUNT PLACE on MAIN ROAD.