MANUKA HOUSE, PRESTON ROAD, BEMBRIDGE, PO35 5UN - £625,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

MANUKA HOUSE is a large detached house of 160m², built sometime from 2012 onwards. It was last sold for £625,000 in October 2024, which was around 55% above the average October 2024 detached price in the Isle of Wight local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

MANUKA HOUSE Sold Prices

Land registry data shows two sales for MANUKA HOUSE 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 MANUKA HOUSE 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
2024 15 OCT	£625,000	£403,801	55% above HPI
2017 28 SEP	£478,000	£305,199	57% above HPI

MANUKA HOUSE 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 MANUKA HOUSE sales from September 2017 and October 2024 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 2017 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the October 2024 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is MANUKA HOUSE?

MANUKA HOUSE is 160m² according to the EPC inspection conducted in May 2024. This puts it in the largest 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 MANUKA HOUSE lies on this distribution: 77% of detached houses are smaller than MANUKA HOUSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

MANUKA HOUSE: Plot and Title Map

MANUKA HOUSE sits on a plot of roughly 0.222 of an acre, or 899m². The below map shows the location of MANUKA HOUSE, 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 MANUKA HOUSE). 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 MANUKA HOUSE?

MANUKA HOUSE is located on PRESTON ROAD in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of MANUKA HOUSE on PRESTON ROAD.