PILOT VIEW, KINGS ROAD, BEMBRIDGE, PO35 5NT - £400,000

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

PILOT VIEW is a midsized detached house of 123m², built sometime between 2007 and 2011. It was last sold for £400,000 in April 2018, which was around 30% above the average April 2018 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2023, where the current energy rating was B, and the potential energy rating was B.

PILOT VIEW Sold Prices

Land registry data shows two sales for PILOT VIEW 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 PILOT VIEW 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
2018 13 APR	£400,000	£308,472	30% above HPI
2015 18 SEP	£380,000	£284,054	34% above HPI

PILOT VIEW 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 PILOT VIEW sales from September 2015 and April 2018 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 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the April 2018 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is PILOT VIEW?

PILOT VIEW is 123m² according to the EPC inspection conducted in June 2023. 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 PILOT VIEW lies on this distribution: 55% of detached houses are smaller than PILOT VIEW, and 44% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

PILOT VIEW: Plot and Title Map

PILOT VIEW sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of PILOT VIEW, 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 PILOT VIEW). 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 PILOT VIEW?

PILOT VIEW is located on KINGS ROAD in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of PILOT VIEW on KINGS ROAD.