2, HOLMWOOD CLOSE, BEMBRIDGE, PO35 5TT - £437,000

2 HOLMWOOD CLOSE is a large detached house of 139m², built sometime between 1991 and 1995. It was last sold for £437,000 in November 2015, which was around 53% above the average November 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

2 HOLMWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 HOLMWOOD 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 2 HOLMWOOD CLOSE 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 18 NOV	£437,000	£286,145	53% above HPI
2010 14 JUL	£407,500	£253,202	61% above HPI

2 HOLMWOOD 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 2 HOLMWOOD CLOSE sales from July 2010 and November 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 July 2010 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the November 2015 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 2 HOLMWOOD CLOSE?

2 HOLMWOOD CLOSE is 139m² according to the EPC inspection conducted in September 2013. This puts it in the largest 40% of detached houses in Bembridge, based on EPC data. The below chart shows the distribution of detached houses by size in Bembridge, and where 2 HOLMWOOD CLOSE lies on this distribution: 66% of detached houses are smaller than 2 HOLMWOOD CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

2 HOLMWOOD CLOSE: Plot and Title Map

2 HOLMWOOD CLOSE sits on a plot of roughly 0.175 of an acre, or 706m². The below map shows the location of 2 HOLMWOOD 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 2 HOLMWOOD 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 2 HOLMWOOD CLOSE?

2 HOLMWOOD CLOSE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 2 on HOLMWOOD CLOSE.