56, MEADOW DRIVE, BEMBRIDGE, PO35 5XU - £380,000

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.

56 MEADOW DRIVE is a midsized detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £483,846. It was last sold for £380,000 in January 2019, which was around 19% above the average January 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was D.

56 MEADOW DRIVE Sold Prices

Land registry data shows five sales for 56 MEADOW DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. Most of the five 56 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
2019 22 JAN	£380,000	£319,738	19% above HPI
2012 29 JUN	£315,000	£250,382	26% above HPI
2005 21 JAN	£245,000	£231,621	6% above HPI
2001 22 MAY	£157,000	£130,635	20% above HPI
1999 27 APR	£89,000	£94,354	6% below HPI

56 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 five 56 MEADOW DRIVE sales between April 1999 and January 2019 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 June 2012 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the January 2019 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 56 MEADOW DRIVE be worth now?

56 MEADOW DRIVE might now be worth an estimated £483,846.

This is based on house price inflation of 27.3%, between January 2019 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 27.3% inflationary increase is applied to the most recent sale price for 56 MEADOW DRIVE of £380,000 on 22nd January 2019. For the value to have increased from £380,000 to £483,846 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 56 MEADOW DRIVE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2019 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 56 MEADOW DRIVE has not materially changed since January 2019.

How Large is 56 MEADOW DRIVE?

56 MEADOW DRIVE is 111m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% 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 56 MEADOW DRIVE lies on this distribution: 45% of detached houses houses are smaller than 56 MEADOW DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

56 MEADOW DRIVE: Plot and Title Map

56 MEADOW DRIVE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 56 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 56 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 56 MEADOW DRIVE?

56 MEADOW DRIVE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 56 on MEADOW DRIVE.