CHANTRIES, LANE END CLOSE, BEMBRIDGE, PO35 5UF - £360,000

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

CHANTRIES is a midsized detached house of 126m², built sometime between 1930 and 1949. It was last sold for £360,000 in March 2015, which was around 39% above the average March 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

CHANTRIES Sold Prices

Land registry data shows two sales for CHANTRIES 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 CHANTRIES 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
2015 13 MAR	£360,000	£259,833	39% above HPI
2009 30 JAN	£270,000	£239,074	13% above HPI

CHANTRIES 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 CHANTRIES sales from January 2009 and March 2015 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 January 2009 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2015 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is CHANTRIES?

CHANTRIES is 126m² according to the EPC inspection conducted in June 2016. This puts it in the largest 50% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where CHANTRIES lies on this distribution: 57% of detached houses are smaller than CHANTRIES, and 42% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

CHANTRIES: Plot and Title Map

CHANTRIES sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of CHANTRIES, 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 CHANTRIES). 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 CHANTRIES?

CHANTRIES is located on LANE END CLOSE in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of CHANTRIES on LANE END CLOSE.