PARK COTTAGE, TENNYSON CLOSE, YARMOUTH, PO41 0PU - £500,000

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.

PARK COTTAGE is a large extended detached house of 146m², built sometime before 1900, which could now be worth an estimated £838,036. It was last sold for £500,000 in August 2011, which was around 106% above the average August 2011 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

PARK COTTAGE Sold Prices

Land registry data shows two sales for PARK COTTAGE 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 PARK 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
2011 18 AUG	£500,000	£242,899	106% above HPI
1998 9 OCT	£162,250	£91,017	78% above HPI

PARK COTTAGE 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 PARK COTTAGE sales from October 1998 and August 2011 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 October 1998 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the August 2011 sale, where it rises to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might PARK COTTAGE be worth now?

PARK COTTAGE might now be worth an estimated £838,036.

This is based on house price inflation of 67.6%, between August 2011 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 67.6% inflationary increase is applied to the most recent sale price for PARK COTTAGE of £500,000 on 18th August 2011. For the value to have increased from £500,000 to £838,036 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of PARK COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2011 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of PARK COTTAGE has not materially changed since August 2011.

How Large is PARK COTTAGE?

PARK COTTAGE is 146m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the largest 40% of detached houses houses in Yarmouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Yarmouth, and where PARK COTTAGE lies on this distribution: 68% of detached houses houses are smaller than PARK COTTAGE, and 32% of houses are larger. Note that EPC data is not available for all properties in Yarmouth.

PARK COTTAGE: Plot and Title Map

PARK COTTAGE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of PARK 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 PARK 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.

Where is PARK COTTAGE?

PARK COTTAGE is located on TENNYSON CLOSE in YARMOUTH, in the PO41 postcode district. The below map shows the position of PARK COTTAGE on TENNYSON CLOSE.