7, WOODNUTT CLOSE, BEMBRIDGE, PO35 5YF - £255,000

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.

7 WOODNUTT CLOSE is a very small detached house of 52m², built sometime between 1976 and 1982, which could now be worth an estimated £324,686. It was last sold for £255,000 in January 2019, which was around 20% below the average January 2019 detached price in the Isle of Wight local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

7 WOODNUTT CLOSE Sold Prices

Land registry data shows three sales for 7 WOODNUTT CLOSE 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 7 WOODNUTT 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
2019 18 JAN	£255,000	£319,738	20% below HPI
2000 10 NOV	£94,500	£129,943	27% below HPI
1998 10 JUL	£66,000	£86,539	24% below HPI

7 WOODNUTT 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 three 7 WOODNUTT CLOSE sales between July 1998 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 November 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 7 WOODNUTT CLOSE be worth now?

7 WOODNUTT CLOSE might now be worth an estimated £324,686.

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 7 WOODNUTT CLOSE of £255,000 on 18th January 2019. For the value to have increased from £255,000 to £324,686 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 WOODNUTT CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2019 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WOODNUTT CLOSE has not materially changed since January 2019.

How Large is 7 WOODNUTT CLOSE?

7 WOODNUTT CLOSE is 52m² according to the EPC inspection conducted in March 2018. 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 7 WOODNUTT CLOSE lies on this distribution: 2% of detached houses houses are smaller than 7 WOODNUTT CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

7 WOODNUTT CLOSE: Plot and Title Map

7 WOODNUTT CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 7 WOODNUTT 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 7 WOODNUTT 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 7 WOODNUTT CLOSE?

7 WOODNUTT CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 7 on WOODNUTT CLOSE.