WEALD HOUSE, MAIN ROAD, WELLOW, YARMOUTH, PO41 0SZ - £275,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

WEALD HOUSE is a large detached house of 143m², built sometime between 1967 and 1975. It was last sold for £275,500 in February 2013, which was around 10% above the average February 2013 detached price in the Isle of Wight local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

WEALD HOUSE Sold Prices

Land registry data shows two sales for WEALD HOUSE 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 WEALD 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
2013 22 FEB	£275,500	£250,287	10% above HPI
1995 30 JAN	£110,000	£70,791	55% above HPI

WEALD 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 two WEALD HOUSE sales from January 1995 and February 2013 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 January 1995 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2013 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is WEALD HOUSE?

WEALD HOUSE is 143m² according to the EPC inspection conducted in August 2012. This puts it in the largest 40% of detached houses in Wellow, based on EPC data. The below chart shows the distribution of detached houses by size in Wellow, and where WEALD HOUSE lies on this distribution: 63% of detached houses are smaller than WEALD HOUSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Wellow.

WEALD HOUSE: Plot and Title Map

WEALD HOUSE sits on a plot of roughly 0.155 of an acre, or 628m². The below map shows the location of WEALD 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 WEALD 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 WEALD HOUSE?

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