1, WOODNUTT CLOSE, BEMBRIDGE, PO35 5YF - £335,000

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.

1 WOODNUTT CLOSE is a small detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £382,391. It was last sold for £335,000 in March 2021, which was around 6% below the average March 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was B.

1 WOODNUTT CLOSE Sold Prices

Land registry data shows two sales for 1 WOODNUTT CLOSE 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. One of the two 1 WOODNUTT CLOSE sales was for below the average price, whilst the other was 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
2021 19 MAR	£335,000	£356,661	6% below HPI
2001 1 NOV	£180,000	£142,971	26% above HPI

1 WOODNUTT CLOSE 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 1 WOODNUTT CLOSE sales from November 2001 and March 2021 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 November 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 1 WOODNUTT CLOSE be worth now?

1 WOODNUTT CLOSE might now be worth an estimated £382,391.

This is based on house price inflation of 14.1%, between March 2021 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 14.1% inflationary increase is applied to the most recent sale price for 1 WOODNUTT CLOSE of £335,000 on 19th March 2021. For the value to have increased from £335,000 to £382,391 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 1 WOODNUTT CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The March 2021 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WOODNUTT CLOSE has not materially changed since March 2021.

How Large is 1 WOODNUTT CLOSE?

1 WOODNUTT CLOSE is 84m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 30% of detached houses houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bembridge, and where 1 WOODNUTT CLOSE lies on this distribution: 21% of detached houses houses are smaller than 1 WOODNUTT CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

1 WOODNUTT CLOSE: Plot and Title Map

1 WOODNUTT CLOSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 1 WOODNUTT CLOSE, 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 1 WOODNUTT CLOSE). 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 1 WOODNUTT CLOSE?

1 WOODNUTT CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 1 on WOODNUTT CLOSE.