40, CROSSWAY, BEMBRIDGE, PO35 5RE - £236,000

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.

40 CROSSWAY is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £355,230. It was last sold for £236,000 in November 2007, which was around 13% below the average November 2007 detached price in the Isle of Wight local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

40 CROSSWAY Sold Prices

Land registry data shows three sales for 40 CROSSWAY 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 40 CROSSWAY sales were 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
2007 12 NOV	£236,000	£270,471	13% below HPI
2000 19 MAY	£89,500	£113,804	21% below HPI
1996 18 OCT	£53,500	£69,530	23% below HPI

40 CROSSWAY 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 40 CROSSWAY sales between October 1996 and November 2007 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 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the November 2007 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 40 CROSSWAY be worth now?

40 CROSSWAY might now be worth an estimated £355,230.

This is based on house price inflation of 50.5%, between November 2007 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 50.5% inflationary increase is applied to the most recent sale price for 40 CROSSWAY of £236,000 on 12th November 2007. For the value to have increased from £236,000 to £355,230 over the eighteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 40 CROSSWAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The November 2007 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CROSSWAY has not materially changed since November 2007.

How Large is 40 CROSSWAY?

40 CROSSWAY is 64m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 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 40 CROSSWAY lies on this distribution: 5% of detached houses houses are smaller than 40 CROSSWAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

40 CROSSWAY: Plot and Title Map

40 CROSSWAY sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 40 CROSSWAY, 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 40 CROSSWAY). 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 40 CROSSWAY?

40 CROSSWAY is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 40 on CROSSWAY.