13, PELHAM CLOSE, BEMBRIDGE, PO35 5TS - £342,000

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.

13 PELHAM CLOSE is a midsized extended detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £500,601. It was last sold for £342,000 in September 2015, which was around 23% 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.

13 PELHAM CLOSE Sold Prices

Land registry data shows two sales for 13 PELHAM 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 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	£278,133	23% above HPI
2008 2 MAY	£235,000	£256,933	9% below HPI

13 PELHAM 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 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2015 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 13 PELHAM CLOSE be worth now?

13 PELHAM CLOSE might now be worth an estimated £500,601.

This is based on house price inflation of 46.4%, between September 2015 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 46.4% inflationary increase is applied to the most recent sale price for 13 PELHAM CLOSE of £342,000 on 18th September 2015. For the value to have increased from £342,000 to £500,601 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 13 PELHAM CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The September 2015 sale price of £342,000 represented a fair market value for the property.
• The size, condition, and specification of 13 PELHAM CLOSE has not materially changed since September 2015.

How Large is 13 PELHAM CLOSE?

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 houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bembridge, and where 13 PELHAM CLOSE lies on this distribution: 54% of detached houses 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: Plot and Title Map

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.

Where is 13 PELHAM CLOSE?

13 PELHAM CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 13 on PELHAM CLOSE.