2, CAVENDISH CLOSE, BEMBRIDGE, PO35 5AG - £700,000

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.

2 CAVENDISH CLOSE is a very large detached house of 228m², which could now be worth an estimated £985,913. It was last sold for £700,000 in February 2017, which was around 142% above the average February 2017 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2015, where the current energy rating was B, and the potential energy rating was B.

2 CAVENDISH CLOSE Sold Prices

Land registry data shows three sales for 2 CAVENDISH CLOSE 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 2 CAVENDISH CLOSE 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
2017 20 FEB	£700,000	£289,053	142% above HPI
2016 6 SEP	£750,000	£289,607	159% above HPI
2014 31 MAR	£700,000	£255,110	174% above HPI

2 CAVENDISH 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 three 2 CAVENDISH CLOSE sales between March 2014 and February 2017 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 2016 sale was for 159% above the HPI. So the extrapolation line tracks at 159% above the HPI over time, until the February 2017 sale, where it falls to 142% above the HPI. The line then continues to track at 142% above the HPI.

What might 2 CAVENDISH CLOSE be worth now?

2 CAVENDISH CLOSE might now be worth an estimated £985,913.

This is based on house price inflation of 40.8%, between February 2017 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 40.8% inflationary increase is applied to the most recent sale price for 2 CAVENDISH CLOSE of £700,000 on 20th February 2017. For the value to have increased from £700,000 to £985,913 over the eight years to February 2025, the following assumptions must hold true:

• The value of 2 CAVENDISH CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The February 2017 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CAVENDISH CLOSE has not materially changed since February 2017.

How Large is 2 CAVENDISH CLOSE?

2 CAVENDISH CLOSE is 228m² according to the EPC inspection conducted in June 2015. This puts it in the largest 10% 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 2 CAVENDISH CLOSE lies on this distribution: 91% of detached houses houses are smaller than 2 CAVENDISH CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

2 CAVENDISH CLOSE: Plot and Title Map

2 CAVENDISH CLOSE sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 2 CAVENDISH 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 2 CAVENDISH 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 2 CAVENDISH CLOSE?

2 CAVENDISH CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 2 on CAVENDISH CLOSE.