BUSKERS, HEATHFIELD ROAD, BEMBRIDGE, PO35 5UQ - £343,000

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

BUSKERS is a small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £343,000 in May 2021, which was around 6% below the average May 2021 detached price in the Isle of Wight local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

BUSKERS Sold Prices

Land registry data shows two sales for BUSKERS 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 BUSKERS 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
2021 11 MAY	£343,000	£365,654	6% below HPI
1998 10 DEC	£81,000	£94,612	14% below HPI

BUSKERS 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 BUSKERS sales from December 1998 and May 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 December 1998 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is BUSKERS?

BUSKERS is 85m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 30% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where BUSKERS lies on this distribution: 23% of detached houses are smaller than BUSKERS, and 75% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

BUSKERS: Plot and Title Map

BUSKERS sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of BUSKERS, 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 BUSKERS). 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 BUSKERS?

BUSKERS is located on HEATHFIELD ROAD in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of BUSKERS on HEATHFIELD ROAD.