WISHINGTON, LANE END CLOSE, BEMBRIDGE, PO35 5UF - £333,000

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

WISHINGTON is a midsized detached house of 113m², built sometime between 1950 and 1966. It was last sold for £333,000 in March 2015, which was around 28% above the average March 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

WISHINGTON Sold Prices

Land registry data shows two sales for WISHINGTON 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 WISHINGTON 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 31 MAR	£333,000	£259,833	28% above HPI
2004 26 FEB	£287,500	£208,348	38% above HPI

WISHINGTON 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 WISHINGTON sales from February 2004 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 February 2004 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2015 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is WISHINGTON?

WISHINGTON is 113m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 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 WISHINGTON lies on this distribution: 47% of detached houses are smaller than WISHINGTON, and 51% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

WISHINGTON: Plot and Title Map

WISHINGTON sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of WISHINGTON, 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 WISHINGTON). 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 WISHINGTON?

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