WELLOW COTTAGE, MAIN ROAD, WELLOW, YARMOUTH, PO41 0TE - £495,000

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

WELLOW COTTAGE is a large extended detached house of 163m², built sometime before 1900, which could now be worth an estimated £745,601. It was last sold for £495,000 in June 2014, which was around 86% above the average June 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2023, where the current energy rating was F, and the potential energy rating was B.

WELLOW COTTAGE Sold Prices

Land registry data shows three sales for WELLOW COTTAGE 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 WELLOW 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
2014 27 JUN	£495,000	£266,270	86% above HPI
2013 20 SEP	£390,000	£250,543	56% above HPI
2000 6 JAN	£247,500	£107,161	131% above HPI

WELLOW 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 three WELLOW COTTAGE sales between January 2000 and June 2014 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 June 2014 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.

What might WELLOW COTTAGE be worth now?

WELLOW COTTAGE might now be worth an estimated £745,601.

This is based on house price inflation of 50.6%, between June 2014 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 50.6% inflationary increase is applied to the most recent sale price for WELLOW COTTAGE of £495,000 on 27th June 2014. For the value to have increased from £495,000 to £745,601 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of WELLOW COTTAGE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The June 2014 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of WELLOW COTTAGE has not materially changed since June 2014.

How Large is WELLOW COTTAGE?

WELLOW COTTAGE is 163m², which includes three extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% 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 WELLOW COTTAGE lies on this distribution: 70% of detached houses houses are smaller than WELLOW COTTAGE, and 30% of houses are larger. Note that EPC data is not available for all properties in Wellow.

WELLOW COTTAGE: Plot and Title Map

WELLOW COTTAGE sits on a plot of roughly 0.462 of an acre, or 1,870m². The below map shows the location of WELLOW 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 WELLOW 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 WELLOW COTTAGE?

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