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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

WEALD HOUSE is a large detached house of 143m², built sometime between 1967 and 1975, which could now be worth an estimated £450,876. It was last sold for £275,500 in February 2013, which was around 12% 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	£245,069	12% above HPI
1995 30 JAN	£110,000	£69,315	59% 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 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the February 2013 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might WEALD HOUSE be worth now?

WEALD HOUSE might now be worth an estimated £450,876.

This is based on house price inflation of 63.7%, between February 2013 and December 2024, 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 63.7% inflationary increase is applied to the most recent sale price for WEALD HOUSE of £275,500 on 22nd February 2013. For the value to have increased from £275,500 to £450,876 over the ten years and two months to December 2024, the following assumptions must hold true:

• The value of WEALD HOUSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2013 sale price of £275,500 represented a fair market value for the property.
• The size, condition, and specification of WEALD HOUSE has not materially changed since February 2013.

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 houses in Wellow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wellow, and where WEALD HOUSE lies on this distribution: 63% of detached houses 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.