24, MEADOW DRIVE, BEMBRIDGE, PO35 5YA - £425,000

24 MEADOW DRIVE is a large detached house of 133m², built sometime between 1967 and 1975. It was last sold for £425,000 in December 2015, which was around 48% above the average December 2015 detached price in the Isle of Wight local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was C.

24 MEADOW DRIVE Sold Prices

Land registry data shows two sales for 24 MEADOW DRIVE 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 24 MEADOW DRIVE 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 11 DEC	£425,000	£286,657	48% above HPI
2013 22 NOV	£295,000	£259,215	14% above HPI

24 MEADOW DRIVE 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 24 MEADOW DRIVE sales from November 2013 and December 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 November 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the December 2015 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 24 MEADOW DRIVE?

24 MEADOW DRIVE is 133m² according to the EPC inspection conducted in June 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 24 MEADOW DRIVE lies on this distribution: 63% of detached houses are smaller than 24 MEADOW DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Bembridge.

24 MEADOW DRIVE: Plot and Title Map

24 MEADOW DRIVE sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 24 MEADOW DRIVE, 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 24 MEADOW DRIVE). 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 24 MEADOW DRIVE?

24 MEADOW DRIVE is located in BEMBRIDGE, in the PO35 postcode district. The below map shows the position of No. 24 on MEADOW DRIVE.