5, BEMBRIDGE HOUSE CLOSE, BEMBRIDGE, PO35 5YL - £261,000

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.

5 BEMBRIDGE HOUSE CLOSE is a very small extended detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £399,839. It was last sold for £261,000 in October 2014, which was around 2% below the average October 2014 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

5 BEMBRIDGE HOUSE CLOSE Sold Prices

Land registry data shows two sales for 5 BEMBRIDGE HOUSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Both of the two 5 BEMBRIDGE HOUSE CLOSE 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
2014 8 OCT	£261,000	£265,750	2% below HPI
2011 25 FEB	£175,000	£254,341	31% below HPI

5 BEMBRIDGE HOUSE 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 two 5 BEMBRIDGE HOUSE CLOSE sales from February 2011 and October 2014 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 February 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 5 BEMBRIDGE HOUSE CLOSE be worth now?

5 BEMBRIDGE HOUSE CLOSE might now be worth an estimated £399,839.

This is based on house price inflation of 53.2%, between October 2014 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 53.2% inflationary increase is applied to the most recent sale price for 5 BEMBRIDGE HOUSE CLOSE of £261,000 on 8th October 2014. For the value to have increased from £261,000 to £399,839 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 BEMBRIDGE HOUSE CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The October 2014 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BEMBRIDGE HOUSE CLOSE has not materially changed since October 2014.

How Large is 5 BEMBRIDGE HOUSE CLOSE?

5 BEMBRIDGE HOUSE CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% 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 5 BEMBRIDGE HOUSE CLOSE lies on this distribution: 14% of detached houses houses are smaller than 5 BEMBRIDGE HOUSE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

5 BEMBRIDGE HOUSE CLOSE: Plot and Title Map

5 BEMBRIDGE HOUSE CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 5 BEMBRIDGE HOUSE 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 5 BEMBRIDGE HOUSE 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 5 BEMBRIDGE HOUSE CLOSE?

5 BEMBRIDGE HOUSE CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 5 on BEMBRIDGE HOUSE CLOSE.