8, WOODNUTT CLOSE, BEMBRIDGE, PO35 5YF - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 WOODNUTT CLOSE is a very small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £425,000 in June 2021, which was around 15% above the average June 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was April 2021, where the current energy rating was C, and the potential energy rating was B.

8 WOODNUTT CLOSE Sold Prices

Land registry data shows two sales for 8 WOODNUTT 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. One of the two 8 WOODNUTT CLOSE sales was for above the average price, whilst the other 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
2021 30 JUN	£425,000	£369,466	15% above HPI
2006 4 APR	£195,000	£238,655	18% below HPI

8 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 two 8 WOODNUTT CLOSE sales from April 2006 and June 2021 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 April 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 8 WOODNUTT CLOSE?

8 WOODNUTT CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where 8 WOODNUTT CLOSE lies on this distribution: 18% of detached houses are smaller than 8 WOODNUTT CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

8 WOODNUTT CLOSE: Plot and Title Map

8 WOODNUTT CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 8 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 8 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 8 WOODNUTT CLOSE?

8 WOODNUTT CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 8 on WOODNUTT CLOSE.