2, NANSEN CLOSE, BEMBRIDGE, PO35 5QD - £435,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 NANSEN CLOSE is a detached house, which could now be worth an estimated £551,900. It was last sold for £435,000 in August 2018, which was around 40% above the average August 2018 detached price in the Isle of Wight local authority area.

2 NANSEN CLOSE Sold Prices

Land registry data shows four sales for 2 NANSEN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Isle of Wight local authority area for the corresponding sale date. All of the four 2 NANSEN 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
2018 1 AUG	£435,000	£309,777	40% above HPI
2003 3 MAR	£273,000	£183,378	49% above HPI
2000 26 JUN	£170,000	£118,590	43% above HPI
1997 22 SEP	£125,000	£79,619	57% above HPI

What might 2 NANSEN CLOSE be worth now?

2 NANSEN CLOSE might now be worth an estimated £551,900.

This is based on house price inflation of 26.9%, between August 2018 and August 2025, for detached houses, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.9% inflationary increase is applied to the most recent sale price for 2 NANSEN CLOSE of £435,000 on 1st August 2018. For the value to have increased from £435,000 to £551,900 over the seven years to August 2025, the following assumptions must hold true:

• The value of 2 NANSEN CLOSE has moved in line with the HPI for detached houses in the Isle of Wight local authority area.
• The August 2018 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NANSEN CLOSE has not materially changed since August 2018.

Where is 2 NANSEN CLOSE?

2 NANSEN CLOSE is located in BEMBRIDGE, in the PO35 postcode district.