34, MEADOW DRIVE, BEMBRIDGE, PO35 5YA - £350,000

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

34 MEADOW DRIVE is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £350,000 in August 2018, which was around 11% above the average August 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

34 MEADOW DRIVE Sold Prices

Land registry data shows four sales for 34 MEADOW DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the four 34 MEADOW DRIVE 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
2018 21 AUG	£350,000	£316,372	11% above HPI
2001 31 AUG	£189,950	£143,253	33% above HPI
1999 5 AUG	£124,000	£99,752	24% above HPI
1997 23 DEC	£82,250	£84,767	3% below HPI

34 MEADOW DRIVE 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 four 34 MEADOW DRIVE sales between December 1997 and August 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 August 2001 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the August 2018 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 34 MEADOW DRIVE?

34 MEADOW DRIVE is 82m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where 34 MEADOW DRIVE lies on this distribution: 18% of detached houses are smaller than 34 MEADOW DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

34 MEADOW DRIVE: Plot and Title Map

34 MEADOW DRIVE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 34 MEADOW DRIVE, 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 34 MEADOW DRIVE). 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 34 MEADOW DRIVE?

34 MEADOW DRIVE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 34 on MEADOW DRIVE.