RIVER HOUSE, MILL ROAD, YARMOUTH, PO41 0RA - £625,000

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

RIVER HOUSE is a very large detached house of 165m², built sometime between 1930 and 1949. It was last sold for £625,000 in March 2015, which was around 141% above the average March 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

RIVER HOUSE Sold Prices

Land registry data shows three sales for RIVER HOUSE 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 RIVER HOUSE 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
2015 20 MAR	£625,000	£259,833	141% above HPI
2002 31 MAY	£315,000	£158,527	99% above HPI
2002 24 JAN	£250,000	£148,638	68% above HPI

RIVER HOUSE 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 RIVER HOUSE sales between January 2002 and March 2015 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 May 2002 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the March 2015 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

How Large is RIVER HOUSE?

RIVER HOUSE is 165m² according to the EPC inspection conducted in May 2014. This puts it in the largest 20% of detached houses in Yarmouth, based on EPC data. The below chart shows the distribution of detached houses by size in Yarmouth, and where RIVER HOUSE lies on this distribution: 83% of detached houses are smaller than RIVER HOUSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Yarmouth.

RIVER HOUSE: Plot and Title Map

RIVER HOUSE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of RIVER HOUSE, 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 RIVER HOUSE). 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 RIVER HOUSE?

RIVER HOUSE is located on MILL ROAD in YARMOUTH, in the PO41 postcode district. The below map shows the position of RIVER HOUSE on MILL ROAD.