ELY PLACE, SWAINS ROAD, BEMBRIDGE, PO35 5XR - £640,000

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.

ELY PLACE is a very large extended detached house of 219m², built sometime between 1930 and 1949, which could now be worth an estimated £648,326. It was last sold for £640,000 in January 2025, which was around 59% above the average January 2025 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

ELY PLACE Sold Prices

Land registry data shows two sales for ELY PLACE 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 ELY PLACE 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
2025 24 JAN	£640,000	£401,888	59% above HPI
2021 21 SEP	£835,000	£364,282	129% above HPI

ELY PLACE 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 ELY PLACE sales from September 2021 and January 2025 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 September 2021 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the January 2025 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might ELY PLACE be worth now?

ELY PLACE might now be worth an estimated £648,326.

This is based on house price inflation of 1.3%, between January 2025 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 1.3% inflationary increase is applied to the most recent sale price for ELY PLACE of £640,000 on 24th January 2025. For the value to have increased from £640,000 to £648,326 over the eleven months to February 2025, the following assumptions must hold true:

• The value of ELY PLACE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The January 2025 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of ELY PLACE has not materially changed since January 2025.

How Large is ELY PLACE?

ELY PLACE is 219m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% 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 ELY PLACE lies on this distribution: 89% of detached houses houses are smaller than ELY PLACE, and 11% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

ELY PLACE: Plot and Title Map

ELY PLACE sits on a plot of roughly 0.268 of an acre, or 1,085m². The below map shows the location of ELY PLACE, 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 ELY PLACE). 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 ELY PLACE?

ELY PLACE is located on SWAINS ROAD in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of ELY PLACE on SWAINS ROAD.