Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
13 PELHAM CLOSE is a midsized extended detached house of 120m², built sometime between 1976 and 1982. It was last sold for £342,000 in September 2015, which was around 20% above the average September 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 13 PELHAM CLOSE since 1st 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 13 PELHAM CLOSE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2015 18 SEP | £342,000 | £284,054 | 20% above HPI |
2008 2 MAY | £235,000 | £262,403 | 10% below HPI |
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 13 PELHAM CLOSE sales from May 2008 and September 2015 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 May 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2015 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.
13 PELHAM CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where 13 PELHAM CLOSE lies on this distribution: 54% of detached houses are smaller than 13 PELHAM CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bembridge.
13 PELHAM CLOSE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 13 PELHAM 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 13 PELHAM 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.
13 PELHAM CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 13 on PELHAM CLOSE.