2, HOWGATE CLOSE, BEMBRIDGE, PO35 5TG - £475,000

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 HOWGATE CLOSE is a small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £503,058. It was last sold for £475,000 in April 2024, which was around 24% above the average April 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

2 HOWGATE CLOSE Sold Prices

Land registry data shows three sales for 2 HOWGATE 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 HOWGATE 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
2024 16 APR	£475,000	£384,409	24% above HPI
2007 1 AUG	£305,000	£257,781	18% above HPI
1996 14 NOV	£73,000	£69,047	6% above HPI

2 HOWGATE 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 HOWGATE CLOSE sales between November 1996 and April 2024 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 August 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the April 2024 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 2 HOWGATE CLOSE be worth now?

2 HOWGATE CLOSE might now be worth an estimated £503,058.

This is based on house price inflation of 5.9%, between April 2024 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 5.9% inflationary increase is applied to the most recent sale price for 2 HOWGATE CLOSE of £475,000 on 16th April 2024. For the value to have increased from £475,000 to £503,058 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 2 HOWGATE CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The April 2024 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOWGATE CLOSE has not materially changed since April 2024.

How Large is 2 HOWGATE CLOSE?

2 HOWGATE CLOSE is 86m² according to the EPC inspection conducted in July 2023. 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 2 HOWGATE CLOSE lies on this distribution: 25% of detached houses houses are smaller than 2 HOWGATE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

2 HOWGATE CLOSE: Plot and Title Map

2 HOWGATE CLOSE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 2 HOWGATE 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 HOWGATE 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 HOWGATE CLOSE?

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