11, LODGE CLOSE, BRIGHSTONE, NEWPORT, PO30 4BX - £272,500

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.

11 LODGE CLOSE is a small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £354,217. It was last sold for £272,500 in November 2018, which was around 13% below the average November 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was C.

11 LODGE CLOSE Sold Prices

Land registry data shows two sales for 11 LODGE 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. Both of the two 11 LODGE CLOSE sales were for below 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
2018 9 NOV	£272,500	£313,195	13% below HPI
2009 2 JUL	£174,500	£232,662	25% below HPI

11 LODGE 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 11 LODGE CLOSE sales from July 2009 and November 2018 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 July 2009 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2018 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 11 LODGE CLOSE be worth now?

11 LODGE CLOSE might now be worth an estimated £354,217.

This is based on house price inflation of 30%, between November 2018 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 30% inflationary increase is applied to the most recent sale price for 11 LODGE CLOSE of £272,500 on 9th November 2018. For the value to have increased from £272,500 to £354,217 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 11 LODGE CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2018 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 11 LODGE CLOSE has not materially changed since November 2018.

How Large is 11 LODGE CLOSE?

11 LODGE CLOSE is 81m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 30% of detached houses houses in Brighstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brighstone, and where 11 LODGE CLOSE lies on this distribution: 29% of detached houses houses are smaller than 11 LODGE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Brighstone.

11 LODGE CLOSE: Plot and Title Map

11 LODGE CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 11 LODGE 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 11 LODGE 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 11 LODGE CLOSE?

11 LODGE CLOSE is located in BRIGHSTONE, in the PO30 postcode district. The below map shows the position of No. 11 on LODGE CLOSE.