43, CROSSWAY, BEMBRIDGE, PO35 5RE - £450,000

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.

43 CROSSWAY is a small detached house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £439,452. It was last sold for £450,000 in August 2022, which was around 8% above the average August 2022 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

43 CROSSWAY Sold Prices

Land registry data shows three sales for 43 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. Two of the three 43 CROSSWAY sales were for above the average price, whilst one 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
2022 31 AUG	£450,000	£416,888	8% above HPI
2018 17 JAN	£355,000	£299,314	19% above HPI
2014 11 SEP	£235,000	£260,427	10% below HPI

43 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 43 CROSSWAY sales between September 2014 and August 2022 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 January 2018 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 43 CROSSWAY be worth now?

43 CROSSWAY might now be worth an estimated £439,452.

This is based on house price deflation of 2.3%, between August 2022 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 2.3% deflationary decrease is applied to the most recent sale price for 43 CROSSWAY of £450,000 on 31st August 2022. For the value to have decreased from £450,000 to £439,452 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 43 CROSSWAY has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 43 CROSSWAY has not materially changed since August 2022.

How Large is 43 CROSSWAY?

43 CROSSWAY is 86m² according to the EPC inspection conducted in April 2022. 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 43 CROSSWAY lies on this distribution: 25% of detached houses houses are smaller than 43 CROSSWAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

43 CROSSWAY: Plot and Title Map

43 CROSSWAY sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 43 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 43 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 43 CROSSWAY?

43 CROSSWAY is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 43 on CROSSWAY.