1, ROLFS CLOSE, BEMBRIDGE, PO35 5RL - £223,000

1 ROLFS CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £223,000 in January 2012, which was around 11% below the average January 2012 detached price in the Isle of Wight local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

1 ROLFS CLOSE Sold Prices

Land registry data shows two sales for 1 ROLFS CLOSE 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 1 ROLFS CLOSE sales were for below 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
2012 9 JAN	£223,000	£250,252	11% below HPI
2010 14 DEC	£180,000	£255,396	30% below HPI

1 ROLFS CLOSE 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 1 ROLFS CLOSE sales from December 2010 and January 2012 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 December 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2012 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 ROLFS CLOSE?

1 ROLFS CLOSE is 70m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where 1 ROLFS CLOSE lies on this distribution: 11% of detached houses are smaller than 1 ROLFS CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

1 ROLFS CLOSE: Plot and Title Map

1 ROLFS CLOSE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 1 ROLFS CLOSE, 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 1 ROLFS CLOSE). 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 1 ROLFS CLOSE?

1 ROLFS CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 1 on ROLFS CLOSE.